Apple's buy-now-pay-later service is being discontinued after less than a year, but third-party installment loans will be coming to Apple Pay with iOS 18 this fall.
Apple Pay Later is shutting down, but third-party loans are coming to iOS 18
Apple Pay Later
Apple Pay Later now available to all users, makes borrowing money interest-free even easier
Apple Pay Later is a service offered by Apple that works a lot like any other buy now pay later (BNPL) service — buy something you can’t afford now, and pay it back in four smaller payments.
Apple Pay Later hits US in prerelease mode, requires an invitation
The new pay-later service from Apple allows you to split purchases into four payments spread over six weeks with no interest and no fees.