Why Apple Pay Later Is Being Discontinued Just One Year After Launch

In the last few years, when shopping online, you may have noticed the addition of a new way to pay beyond the traditional options like a credit card, PayPal, or store-specific credit. That would be short-term installment loan plans deducted automatically from your provided bank account, usually from companies like Affirm, Klarna, or SplitIt. In the form that’s promoted most strongly, these companies allow you to divide a purchase into a few installments, generally auto-deducted every two-to-four weeks, often

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