Mastercard acquires Vyze for new consumer financing solutions

Tuesday 16 April 2019 00:40 CET | News

Mastercard has acquired Vyze, a US-based technology platform that provides consumer financing solutions at the POS.

In the US alone, these solutions represent a more than USD 1.8 trillion opportunity, according to Accenture.

Vyze connects merchants with multiple lenders, allowing them to offer their customers a wide range of credit options online and in-store. The end-to-end Vyze platform allows lenders and merchants to integrate through the simple use of APIs.

Terms of the agreement were not disclosed.

For more information about Mastercard Payment Gateway Services, please check out a detailed profile of this company in our dedicated, industry-specific online company database.

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Keywords: MasterCard, Vyze, consumer financing, POS
Countries: World