Payment solutions provider Mastercard (MA) has unveiled a Buy Now, Pay Later (BNPL) program, Mastercard Installments, to offer more choices to customers. The program will allow banks, lenders and fintech companies to offer flexible payment options to consumers. This option will be offered without integration into the merchant infrastructure. Mastercard Installments will enable customers to access BNPL offers digitally either through instant approval during checkout, or pre-approved through their lender’s mobile banking application. Pre-approved installments can be used on a merchant’s website directly, while instant approvals during checkout can be accessed through Click-to-Pay.
https://www.tipranks.com/news/mastercard-unveils-buy-now-pay-later-program?utm_source=advfn.com&utm_medium=referral
MasterCard (NYSE:MA)
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