Apple has discontinued any new Apple Pay Later loans, but customers who have existing Apple Pay Later loans will be able to manage them inside Apple Pay.
I tend to agree, but only for long-term zero percent interest (i.e. 6 months or more). For example I used Affirm for a $1,000+ purchase not long ago, paid...
Apple discontinued its own buy-now, pay-later service called Apple Pay Later last year, and started partnering with third-party providers. Apple Pay Later let qualifying customers split a purchase made with Apple Pay into four equal payments over six weeks, with no interest or fees. Affirm, ...
After Apple discontinued itsshort-livedApple Pay Later service last year, it picked up several third-party BNPL options instead, includingKlarnaand Affirm. BNPL usage has beenon the rise, and surveys have indicated thatusers have overspent and missed payments. Last year, theConsumer Financial ...
Apple Pay, the fastest-growing payment method in the world with over 500 million users, has discontinued Apple Pay Later and opened its wallet to banks and lenders. That’s where Jifiti comes in – our Tap Now, Pay Later™ technology enables your customers to add your approved loan into ...
The Apple Pay Later program was discontinued earlier this year. APL has been replaced with a more flexible payment program. >>Additional card features supported with Apple Pay You can pay with installments and rewards using eligible debit and credit cards when you check out with Apple Pay onlin...
Apple previously had its own buy now, pay later service called Apple Pay Later, but it was discontinued last year. Apple now partners with third-party providers for pay over time options. Apple's other U.S. partners include Affirm, Klarna, and Synchrony. ...
In June 2024, Apple announced that Apple Pay Later would be discontinued in favor of working with third-party payment plan systems like Affirm. Apple never disclosed why it stepped out of the short-term loan game, but it may have to do with the way the loans themselves were handled. ...
Apple is shutting down Apple Pay Later, but will still offer installment loans through other lenders.
Members of theApple Payteam who oversaw the project have since been reassigned to other projects. The team alsodiscontinuedthe Apple Pay Later program earlier this year, just months after its launch. Apple was supposed to finance the loans for the rumored hardware subscription service through metho...