SPT 0.00% 7.5¢ splitit payments ltd

Watch This Space, page-6302

  1. 333 Posts.
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    In a nutshell, Mastercard provides BNPL flexibility.
    Either the merchant or the payment service provider (PSP) interact with MC to process installments.
    In-order to do that the merchants should use an in-house implementation or a PSP which has the MC BNPL API integrated.

    Here is the list of PSPs : https://www.mastercard.us/en-us/business/overview/start-accepting/payment-facilitators.html

    Splitit can approach the PSPs , offering their service as white label.
    Merchants can directly on-board Splitit.


    Bottom-line: Yes MC provides BNPL option, but it cant be directly used by merchants as-is.

    Others feel free to correct my understanding, if mine in wrong or if had missed any nitty gritties.




 
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