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ConsumerGeniuses

ConsumerGeniuses

One of the biggest names in credit cards, Mastercard, is planning to launch its buy now-pay later service. This service would allow consumers to buy a product and then pay online or in-stores in four installments with no interest fees. The company plans to launch this service in the coming year and has teamed up with big names in payment industry like Payment Processor FIS, Card Issuer Synchrony, Banking Behemoth Barclays and Modern Card Company Marqeta. Initially, the company plans to launch the service for consumers in Australia, US and UK. Later on this service would entertain global consumers of Mastercard.

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