Friday, 24 March, 2023

MasterCard to launch "Buy Now, pay later" plan with installments

<p>Card payments giant MasterCard has announced that it will be launching a &quot;Buy Now, Pay Later&quot; (BPNL) installments plan enabling banks and FinTech to offer their own BPNL plans. The Installments plans, to be launched in US, UK and Australia, will include 0% interest and a pay-in-four model. The plan has been built to &quot;protect consumers and enable choice without sacrificing trust and security&quot;, said Chief Product Officer Craig Vosburg.</p> <p>&nbsp;</p>