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Yahoo TechnologyJun 17, 2024
Apple Shutting Down Pay Later, Its Affirm Rival, After One Year


EngadgetJun 17, 2024
Apple Pay Later is dead, long live Affirm loans
Apple Pay Later is kaput. The company confirmed to TechCrunch on Monday that it's killing the service only two years after first announcing it at WWDC 2022 — and only seven months after it became available to everyone in the US.

The company said at its developer conference last week that loans through third-party service Affirm are coming to Apple Pay later this year, so the two would have been redundant. "Users in the U.S. will also be able to apply for loans directly through Affirm when they check out with Apple Pay," the company wrote in a newsroom post after its WWDC keynote.

According to TechCrunch, Pay Later is already disabled as an option when checking out with Apple Pay, and it won't accept any new loans moving forward. However, those with current payment plans can still access those through the Wallet app.

"Starting later this year, users across the globe will be able to access installment loans offered thr


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Apple Pay Later Is Shutting Down, Report Says - CNET (CNET News)
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