Apple has announced that Apple Pay Later, its “buy now, pay later” service, will no longer be accessible for new customers effective today. Instead, Apple will offer users the ability to sign up for BNPL loans in partnership with credit providers through iOS 18.
Apple confirmed its Apple Pay Later discontinuation plans in a new statement issued to 9to5Mac today. Current Apple Pay Later customers will still be able to access and manage their existing loans via the Wallet app, but the service will no longer be offered to new customers. In its place, Apple will direct users to new features coming to the Wallet app with iOS 18, including the ability to sign up for installment loans from select credit and debit cards in addition to Affirm, a dedicated BNPL company in the United States.
Unlike Apple Pay Later, installment loans will not be limited to users in the United States. Third-party loans with Wallet app integration will be available to customers in the following banks and countries:
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- Australia – ANZ
- Spain – CaixaBank
- United Kingdom – HSBC and Monzo
- United States – Citi, Synchrony, Fiserv, Affirm
Apple Pay Later was first announced at WWDC 2022, before an initial rollout to US-based customers beginning in March 2023. The service offered users who made purchases between $50 and $1,000 through Apple Pay to split their purchases across four equal payments over six weeks. The loans were provided and backed by Apple itself and carried no additional fees or interest.
