PURCHASE, N.Y.—Mastercard has added H&R Block, i2c, Walgreens, and other partners to Mastercard Installments, the buy now, pay later program it announced in September of 2021.
Mastercard Installments lets the card network's merchants offer BNPL options, including pay-in-four interest-free installment plans, through a direct integration into their platforms, Business Insider explained.
“Mastercard can rely on its vast reach to scale its BNPL program and drive volume. The card network has 78 million merchants in its acceptance network,” Business Insider reported. “The program's simple integration may be a key selling point for merchants since it lets them rely on their existing relationship with Mastercard instead of forging deals with BNPL firms.”
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