- October 3, 2021
- Posted by: Stratford Team
- Category: Business
Worse than regulators?
Here are five things in technology that happened this past week and how they affect your business. Did you miss them?
1 —Mastercard is joining the crowded BNPL market with its new feature.
This past week, Mastercard revealed that it will be launching a new BNPL (buy now, pay later) feature to customers living in Australia, the UK, and the US. The feature— known as Mastercard Installments— will let fintechs, wallets, lenders, and banks provide a flexible option for users in the form of installments. Sometime soon, Mastercard plans to make this feature available to additional locations as well. (Source: Silicon Republic)
Why this is important for your business:
BNPL has become a significant trend this year with many financing and credit card companies offering these services to both retailers and B2B firms looking to provide longer term financing options for their customers….