@tradingplus58 These were never the grand play most were thinking. Any tech developed still has to be offered to banks by mastercard/visa and then onboarded by merchants who accept additional fees. (follow the money, someone has to pay)
They are more for visa and mastercard to keep relevant and keep developing options.
If you are a global company like visa and mastercard you partner will all fintechs to help them develop the possible next technologies that use your rails to make you more money. Fingers in all pies.
Claiming a failure is not correct. These installment option have been developed. Visa and MC will never deny or impede a technology that potentially gives them more transactions. Thats simply what these partnerships are.