Apple Pay Later is already being shut down, after solely launching final yr



Apple Pay Later lets customers cut up Apple Pay funds into 4 installments unfold over six weeks with no curiosity or charges, with a mortgage worth of between $50 and $1,000. It is a comparable type of set as much as Klarna or Affirm. You’ll be able to apply on-line and within the Apple Retailer app for loans in opposition to purchases of iPhones and iPad with retailers that settle for Apple Pay. Or at the very least you used to have the ability to.

The Cupertino big has determined to tug the plug on its “purchase now, pay later” service, which solely launched final yr. So, should you have been hoping to make use of it for a bit longer, powerful luck. As of at present, Apple Pay Later is not any extra.



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