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Apple to Discontinue 'Buy Now, Pay Later' in US

Posted on AllSides June 17th, 2024
From The Right

Apple Monday said it will discontinue its "buy now, pay later" (BNPL) service in the United States as it launches a new loan program. Users will be able to access installment loans offered through credit, debit cards and lenders when checking out with Apple Pay, starting later this year, the company said in a statement. "This solution will enable us to bring flexible payments to more users, in more places across the globe in collaboration with Apple Pay-enabled banks and lenders," the company said. The existing users of the BNPL...

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