As the buy now, pay later (BNPL) market heats up, Mastercard (MA) is jumping into the fray with a new product offering.
The credit card giant announced on Tuesday “Mastercard Installments” for U.S., Australian, and UK markets, offering consumers a 0% interest, pay-in-four-installments model that’s similar to the rest of the BNPL players in the industry.
As more established companies like Mastercard get into this space, by launching new products, through partnerships, or via acquisitions, “we…
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