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Apple scraps its Pay Later loan scheme in US

Source: BBC

Apple is ending its in-house buy now, pay later scheme in the US, which it launched just last year.The technology giant says it will now offer customers payment plans through third-party credit and debit card lenders.Existing borrowers will be able to continue managing payments using Apple's Wallet app.The decision marks a retreat for Apple from plans to offer traditional financial services.Apple Pay Later users…

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Read the original source at BBC