Apple stops offering buy now, pay later loans in U.S.
Publishing timestamp: 2024-06-17 15:37:36
Summary
Apple has stopped issuing loans through Apple Pay Later and will instead allow users to access installment loans through credit and debit cards and lenders when checking out with Apple Pay. The discontinuation of Apple Pay Later is a sign that not every fintech feature launched by Apple is successful. Apple's priority with Apple Pay is to enable secure and private payments.
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Keywords: apple inc, affirm holdings inc, business news, entertainment, technology, mobile, breaking news: technology, business,
Source: https://www.cnbc.com/2024/06/17/apple-stops-offering-buy-now-pay-later-loans-in-us-.html