Apple announced the discontinuation of Apple Pay Later, its buy now, pay later (BNPL) service. Users with an active loan on Apple Pay Later can still manage and pay their loans through the Apple Wallet app.

Apple's Pay Later service will be replaced by upcoming new features available on Apple Pay later. New updates to Apple Pay will allow users to apply for instalment loans from eligible credit cards, debit cards, and Affirm, one of the largest BNPL lenders in the US.

Although short-lived, the discontinuation was hinted at the WWDC 2024. Apple announced that users would be able to able to access loans through Affirm. The integration of this third-party app led to the termination of Apple’s Pay Later service.

In a statement to 9to5Mac, Apple states that “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.”

ApplePay Later Service 2022 Release

Apple introduced the Pay Later service with iOS 16 in June 2022. It was only made fully available to all users in the US in October 2023. Buy now, pay later loans were offered directly through the Apple Pay checkout experience.  Users could apply for loans ranging from $50 to $1000. Purchases using this service could be split into four payments with zero interest and no fees.
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