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Pay Later’s life was extraordinarily short, having officially launched in late March 2023. Ultimately, however, the move isn’t surprising. Apple announced at last week’s WWDC 2024 that users would be able to access loans through third-party app Affirm through Apple Pay.
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“The ability to access installments from credit and debit cards with Apple Pay will roll out starting in Australia with ANZ; in Spain with CaixaBank; in the U.K. with HSBC and Monzo; and in the U.S. with Citi, Synchrony, and issuers with Fiserv,” Apple noted last week. “Users in the U.S. will also be able to apply for loans directly through Affirm when they check out with Apple Pay.”
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