Apple Pay Later is kaput. The corporate confirmed to TechCrunch on Monday that it’s killing the service solely two years after first saying it at WWDC 2022 — and solely seven months after it turned accessible to everybody within the US.
The corporate stated at its developer convention final week that loans via third-party service Affirm are coming to Apple Pay later this yr, so the 2 would have been redundant. “Customers within the U.S. will even have the ability to apply for loans straight via Affirm once they try with Apple Pay,” the corporate wrote in a newsroom publish after its WWDC keynote.
In accordance with TechCrunch, Pay Later is already disabled as an choice when testing with Apple Pay, and it received’t settle for any new loans shifting ahead. Nevertheless, these with present fee plans can nonetheless entry these via the Pockets app.
“Beginning later this yr, customers throughout the globe will have the ability to entry installment loans supplied via credit score and debit playing cards, in addition to lenders, when testing with Apple Pay,” Apple wrote in a press release to TechCrunch. “With the introduction of this new international installment mortgage providing, we are going to not supply Apple Pay Later within the U.S.”
