The deal allows Mastercard customers to split transactions into installments before, during or after checkout. It supplements Mastercard’s merchant offerings through application programming interface (API)-based solutions, commercial partnerships and acquisitions, the company said.
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Mastercard, TSYS team to expand installment payment offerings
“This new collaboration with Mastercard gives our issuing clients the ability to offer best-in-class installment payment experiences to their cardholders, while enabling consumers to choose when they want to pay,” said Gaylon Jowers, TSYS president, in a statement.
