Apple abruptly abandons “buy now, pay later” service amid regulatory scrutiny
Apple Pay Later discontinued after officials require more consumer protections.
Apple Pay Later discontinued after officials require more consumer protections.
Apple says it’s shutting down Apple Pay Later, the tech giant’s “buy now, pay later” loan service, less than a year after launching the product to United States users in October 2023. Apple announced the move in a statement to 9to5Mac on Monday, saying…
Lydia is splitting itself into two apps — Lydia for P2P payments and Sumeria for those looking for a mobile-first bank account. © 2024 TechCrunch. All rights reserved. For personal use only.
You only need two letters to describe best the latest iteration of Google’s big yearly developer shebang: AI. That’s right; Google I/O has touched on a slew of new features coming to the Mountainview company’s software ecosystem, specifically what coul…
Fintoc’s API lets online businesses accept instant payments coming directly from the customer’s bank account. This method, known as A2A, offers an alternative to credit card transactions. © 2024 TechCrunch. All rights reserved. For personal use only.
A consumer protection group alleged Starbucks’ mobile app traps users in a vicious cycle of beverage buying in a December complaint to Washington’s Attorney General. The coffee chain’s mobile app allegedly uses “dark patterns” to make low funds on a St…
Zelle, a payments app owned by seven of America’s largest banks, began reimbursing victims of imposter scams on the platform, according to an emailed statement from the company. Early Warning Services, the network operator of Zelle, says it will proces…
Apple’s payment practices requiring subscription-forward apps to exclusively accept payments through Apple Pay violated antitrust laws, according to a Dutch regulator ruling reported by Bloomberg on Tuesday. The Dutch Authority for Consumers & Markets …
X’s success as an everything app will “exceed” China’s WeChat, Musk says.
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