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Apple kills off its buy now, pay later service service barely a year after launch

Posted on AllSides June 18th, 2024
From The Left

NEW YORK (AP) — Apple is discontinuing its buy now, pay later service known as barely a year after its initial launch in the U.S., and will rely on companies who already dominate the industry like Affirm and Klarna. It’s an acknowledgement from a company known for that building a financial services business from scratch as Apple has been doing for several years is difficult and highly competitive. Apple Pay Later launched with fanfare in March 2023 as a way for iPhone customers to split purchases of up to $1,000...

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