December 02, 2016
Mastercard is rolling out a new program that gives cardholders another option for financing their purchases, leveraging their existing credit, debit and commercial cards: installment payments. In an age where cardholder choice means making a sale or not, flexibility and control are key, Juan Pablo Vivas, SVP and head of global credit at Mastercard, tells Karen Webster. (Not to mention providing a new revenue opportunity for banks.)