WWDC 2024 event, Apple had said that the instalment loan feature would first be rolled out to users in the UK, with support for HSBC and Monzo banks.In a statement to 9to5Mac, Apple confirmed the news that it is shutting down the Pay Later service. The company said, “Starting later this year, users across the globe will be able to access installment loans offered through credit and debit cards, as well as lenders, when checking out with Apple Pay.
Read more on livemint.com