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Apple Pay Later is dead, long live Affirm loans
Apple Pay Later is kaput. The company confirmed to TechCrunch on Monday that it’s killing the service only two years after first announcing it at WWDC 2022.
The company said at its developer conference last week that loans through third-party service Affirm are coming to Apple Pay later this year, so the two would have been redundant. “Users in the U.S. will also be able to apply for loans directly through Affirm when they check out with Apple Pay,” the company wrote in a newsroom post after its WWDC keynote. “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,” Apple wrote in a statement to TechCrunch.
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