Apple to discontinue 'buy now, pay later' service in US as it plans new loan program
) on Monday said it will discontinue its"buy now, pay later" service in the United States as it launches a new loan program.
"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. Apple Pay Later was unveiled to select users in March last year, allowing users to split purchases into four payments spread over six weeks with no interest or fees.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.
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