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Apple is shutting down Apple Pay Later just months after launch


That was fast.

The service, which lets you take out “pay later” loans that can be paid in four payments over six weeks, only launched fully in the US in October 2023. Starting later this year, users across the globe will be able to access installment loans offered through credit and debit cards, as well as lenders, when checking out with Apple Pay. The company rolled out in early access invitations to “randomly selected users” in March 2023 before finally launching the service widely in the US in October.

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