Keeping in mind that the new development work by Visa instalments as a contribution by Visa to the common credit card rails that allows all other credit card providers such as Mastercard, discovery and union pay to access this capability.
Mastercard has now got financial institutions on board including JP Morgan in the UK , Barclays in US and others.
The brilliant 10 May 2024 podcast between PYMNTS And Splitit highlights Nandan explaining how they have been very articulate in collaborating with Mastercard, Visa and Bank issuers to get their new card based instalments software FI pay later 100% correct.
They are all moving in the one direction with what the market wants and that’s Card-based installments.
