Apple Pay Later is kaput. The corporate confirmed to TechCrunch on Monday that it’s killing the service solely two years after first asserting it at WWDC 2022 — and solely seven months after it turned accessible to everybody within the US.
The corporate mentioned at its developer convention final week that loans by way of third-party service Affirm are coming to Apple Pay later this yr, so the 2 would have been redundant. “Customers within the U.S. will even have the ability to apply for loans straight by way of Affirm after they take a look at with Apple Pay,” the corporate wrote in a newsroom publish after its WWDC keynote.
In line with TechCrunch, Pay Later is already disabled as an possibility when trying out with Apple Pay, and it received’t settle for any new loans shifting ahead. Nevertheless, these with present fee plans can nonetheless entry these by way of the Pockets app.
“Beginning later this yr, customers throughout the globe will have the ability to entry installment loans provided by way of credit score and debit playing cards, in addition to lenders, when trying out with Apple Pay,” Apple wrote in a press release to TechCrunch. “With the introduction of this new international installment mortgage providing, we’ll now not provide Apple Pay Later within the U.S.”