Apple Pay Later lets users split Apple Pay payments into four installments spread over six weeks with no interest or fees, with a loan value of between $50 and $1,000. It's a similar sort of set up to Klarna or Affirm. You can apply online and in the Apple Store app for loans against purchases of iPhones and iPad with merchants that accept Apple Pay. Or at least you used to be able to.
The Cupertino giant has decided to pull the plug on its "buy now, pay later" service, which only launched last year. So, if you were hoping to use it for a bit longer, tough luck. As of today, Apple Pay Later is no more.
