Fire tornadoes are a risk under California's extreme wildfire conditions
Bondi faces a skeptical reception from Democrats at confirmation hearing over her loyalty to Trump
In eyeing Greenland, Trump is echoing long-held American designs on the Arctic expanse
78 dead at abandoned South Africa gold mine that was scene of a standoff. Toll is expected to rise
Poland's leader accuses Russia of planning acts of sabotage against 'airlines around the world'
Vulnerable Americans live in the shadow of COVID-19 as most move on
Universities are mapping where local news outlets are still thriving − and where gaps persist
Wildfires latest: A final round of dangerous fire weather and dry conditions is in the forecast
Kamala Harris memes questioning her cultural background highlight Americans’ contradictions with race
Music streams hit nearly 5 trillion in 2024. Women pop performers lead the charge in the US
(Reuters) - Apple on Monday said it will discontinue its "buy now, pay later" (BNPL) service in the United States as it launches a new loan program.
Users will be able to access installment loans offered through credit, debit cards and lenders when checking out with Apple Pay, starting later this year, the company said in a statement.
"This solution will enable us to bring flexible payments to more users, in more places across the globe in collaboration with Apple Pay-enabled banks and lenders," the company said.
The existing users of the BNPL service, Apple Pay Later, with open loans will still be able to manage and pay them via the Wallet app, the company said.
Apple Pay Later was unveiled to select users in March last year, allowing users to split purchases into four payments spread over six weeks with no interest or fees.
(Reporting by Juby Babu in Mexico City; Editing by Vijay Kishore)
