Apple Pay Later is kaput. The corporate confirmed to TechCrunch on Monday that it’s killing the service solely two years after first announcing it at WWDC 2022 — and solely seven months after it became available to everyone in the US.
The corporate mentioned at its developer conference last week that loans by means of third-party service Affirm are coming to Apple Pay later this 12 months, so the 2 would have been redundant. “Customers within the U.S. may even have the ability to apply for loans instantly by means of Affirm after they take a look at with Apple Pay,” the corporate wrote in a newsroom put up after its WWDC keynote.
In line with TechCrunch, Pay Later is already disabled as an choice when trying out with Apple Pay, and it received’t settle for any new loans transferring ahead. Nonetheless, these with present fee plans can nonetheless entry these by means of the Pockets app.
“Beginning later this 12 months, customers throughout the globe will have the ability to entry installment loans provided by means of credit score and debit playing cards, in addition to lenders, when trying out with Apple Pay,” Apple wrote in a press release to TechCrunch. “With the introduction of this new world installment mortgage providing, we’ll now not supply Apple Pay Later within the U.S.”
