Mastercard Inc. is wading into the buy-now, pay-later movement as consumers adopt a more nuanced view of credit purchases.
Source: www.marketwatch.com
Mastercard Inc. (NYSE: MA) has acquired Vyze, Inc., a technology platform that allows consumers to apply for extended payments to a retailer while at the checkout counter. This acquisition will allow Mastercard to start providing flexible lending options to consumers for their purchases in-store as well as online. The Company has not yet disclosed financial terms of the deal.
