{"id":823948,"date":"2024-06-19T10:59:56","date_gmt":"2024-06-19T05:29:56","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=823948"},"modified":"2024-06-19T11:29:03","modified_gmt":"2024-06-19T05:59:03","slug":"apple-kills-off-its-buy-now-pay-later-service-barely-a-year-after-launch-2","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/06\/19\/apple-kills-off-its-buy-now-pay-later-service-barely-a-year-after-launch-2\/","title":{"rendered":"Apple kills off its buy now, pay later service barely a year after launch"},"content":{"rendered":"<p>Apple is discontinuing its buy now, pay later service known as Apple Pay Later barely a year after its initial launch in the US, and will rely on companies who already dominate the industry like Affirm and Klarna.<\/p>\n<p>It\u2019s an acknowledgement from a company known for producing hit products that building a financial services business from scratch as Apple has been doing for several years is difficult and highly competitive.<\/p>\n<p>Apple Pay Later launched with fanfare in March 2023 as a way for iPhone customers to split purchases of up to USD 1,000 into four equal payments with no fees or interest.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Apple is discontinuing its buy now, pay later service known as Apple Pay Later barely a year after its initial launch in the US, and will rely on companies who already dominate the industry like Affirm and Klarna. It\u2019s an acknowledgement from a company known for producing hit products that building a financial services business from scratch as Apple has been doing for several years is difficult and highly competitive. Apple Pay Later launched with fanfare in March 2023 as a way for iPhone customers to split purchases of up to USD 1,000 into four equal payments with no fees [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4],"tags":[],"class_list":["post-823948","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/823948","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=823948"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/823948\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=823948"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=823948"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=823948"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}