Hi all - Apple seemed to fix the issue with iOS 15.1!
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We are dealing with the same issue on our app. Many of our users on iOS 16 cannot restore their purchases after updating their device or getting a new device. Whenever they try to it will show them an endless loading wheel and never restore. It was working fine on iOS 15. We have tried multiple new releases to fix the issue with no fix. Would love a fix from Apple's side or some guidance on how to fix it on ours!