Announcement! Apple Pay Later Service Formally Closed – 2024-06-21 17:35:30

by times news cr

2024-06-21 17:35:30

Apple closes Apple Pay Later service. Photograph: TRT World

jpnn.com – Apple introduced it was closing its Apple Pay Later – “purchase now, pay later” service that launched in the USA final 12 months.

These modifications have taken impact and customers who have already got Apple Pay Later loans can nonetheless handle them by way of the Pockets utility.

As a substitute, Apple is specializing in new options that may roll out globally for Apple Pay later this 12 months.

Contains the power to entry installment mortgage presents from eligible credit score or debit playing cards, in addition to Affirm.

Apple mentioned that beginning later this 12 months, customers world wide will have the ability to entry installment loans provided by means of credit score and debit playing cards, in addition to lenders, when making funds with Apple Pay.

“With the introduction of this new world installment mortgage providing, we now not supply Apple Pay Later within the US,” Apple’s assertion learn.

“Our focus continues to be on giving customers entry to straightforward, safe and personal cost choices with Apple Pay, and this answer will enable us to deliver versatile funds to extra customers, in additional locations world wide, in collaboration with banks and lenders that help Apple Pay.”

Apple states that customers who’ve lively loans by means of Apple Pay Later can nonetheless handle and pay their loans utilizing the Apple Pockets app.

Apple introduced it was closing its Apple Pay Later – “purchase now, pay later” service that launched in the USA final 12 months.

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