Apple Pay Later Is Shutting Down, Report Says
Two years after it was unveiled and less than a year after it rolled out in the US, Apple's Pay Later feature is being shut down, according a report Monday from 9to5Mac. The Apple Pay feature allowed users to take out loans and pay for purchases from 1,000 in four installments. The service, offered in cooperation with Mastercard and Goldman Sachs would be replaced by a built-in feature in the upcoming iOS 18 that allows for third-party buy now, pay later loan companies such as Affirm to do the same, ...