By John Glenday

Mastercard has teamed up with payment terminal provider VeriFone to offer January sales shoppers a chance to spread their spending over a series of monthly installments, rather than cough up for everything in one go, with the launch of its Mastercard Installments app.

The point of sale tool will launch at select retailers in January prior to a nationwide roll out, enabling customers with a good credit history the option of selecting fixed installments at a specified rate of interest rather than paying their purchase off all at once when they enter their card details.

Speaking to Reuters Verifone vice Read full story ›

Source: The Drum