Apple to Discontinue ‘Buy Now, Pay Later’ Service in US

Don Ma
By Don Ma
June 18, 2024NTD Good Morning

Apple has said it will discontinue its “Pay Later” service in the United States as it launches a new loan program. Starting later this year, however, users can access installment loans offered through credit cards, debit cards, and lenders when checking out with Apple Pay.

Existing users of the Pay Later service with open loans will still be able to manage and repay them through Apple’s Wallet app.