About
Delivering easy business financing options for SMEs
Innovation presentation
Through Mastercard’s new suite of flexible payment solutions, our customers can help small and medium-sized enterprises (SMEs) navigate the unpredictable and give SMEs’ access to capital when it is needed most. Our solution removes the need for fragmented payment plans, allowing businesses to pay in installments anywhere their card is accepted, delivering the transparency and flexibility they want.
Mastercard Installments: Control and flexibility through a top-rated experience.
An API based installments solution that seamlessly integrates into the issuing bank’s existing digital environment to convert payments into installments pre, during and post purchase.
Pay & Split: Maximize cashflow with control and transparency.
A digital card product that provides businesses with the ability to automatically split every payment into installments.
Uniqueness of the project
Globally and around Mastercard, we are seeing a greater focus on Buy Now Pay Later (BNPL) products and providers in the consumer market. By 2025, the global BNPL industry is expected to grow 10-15x its current volume and the market is set to exceed $1T in annual gross merchandise volume. In addition to the growing market interest, Mastercard’s flexible payment solutions can help new-to-credit SMEs get access to credit, allowing our customers to target a new segment they previously could not reach . 1 in 3 SMEs in Australia and Singapore indicated Pay&Split can help them build credit or that their business does not qualify for traditional credit.
Mastercard’s Flexible Payments for Business is the first open-loop network-based Buy Now Pay Later solution globally - allowing SMEs to pay the way they want, anywhere Mastercard is accepted – online and in store.
