Business partners and consumers alike to benefit from greater convenience, enabling cardholders to split purchases into payment cycles

Pilots in selected European markets to begin later this year

WATERLOO, Belgium – January 19, 2016 MasterCard today announced the upcoming launch of MasterCard Instalments, an innovative way to pay that offers consumers flexible and convenient access to funds when needed.  With MasterCard Instalments, cardholders will be able to split transactions across equal monthly instalments using their existing debit, credit or commercial card at the time of purchase. This makes high-value purchases, such as a new TV or car repairs, more attainable and manageable for consumers. Tweet: NEWS: MasterCard Introduces MasterCard Instalments

Based on consumer research and consultations with consumers associations, issuers and other stakeholders in the payment value chain, the solution is designed to respond to the needs of consumers and business partners. Today, everyone is looking for a smarter way to shop: consumers want flexible payment solutions that will help them fulfill their needs while maintaining a better control over their budget,” said Andrew Buckley, MasterCard’s head of core products in Europe.

MasterCard Instalments can help businesses, issuers and acquirers reach durable business growth by satisfying their customers’ needs for more payment options. Benefits include:

  • CONSUMERS: In a Europe-wide research study conducted by MasterCard, consumers regarded instalments as an innovative payment method of great appeal.[1] MasterCard Instalments allows cardholders to conveniently spread out repayment of bigger and sometimes unexpected purchases, like replacing a washing machine, into equal scheduled payments. Instalments gives cardholders greater choice at the point of sale, allowing them to use their debit, credit or commercial card to stretch their budget when they need it while keeping control of their spending.
  • RETAILERS, TRAVEL COMPANIES & OTHER BUSINESSES: By offering additional payment flexibility with MasterCard Instalments, businesses can benefit by attracting new customers and retaining current clients, thereby increasing sales—while still being paid with the security and speed of electronic payments.
  • ISSUERS: MasterCard Instalments enables issuers to address consumers’ growing need for responsible money management and budget control. The value-added service to the card of their customers helps issuers differentiate their portfolio from competitors. Moreover, MasterCard is enhancing its network capabilities with the aim of delivering a value-added service to its customers that applies to debit cards, credit cards and commercial cards, while reducing the implementation efforts on the issuer side.
  • ACQUIRERS: MasterCard Instalments will help acquirers increase their merchant acquisition rates and grow their revenue volumes by offering a new payment solution that allows businesses to sell more to their customers.

MasterCard Instalments will be piloted in selected markets in Europe throughout the second half of 2016.

About MasterCard

MasterCard (NYSE: MA) is a technology company in the global payments industry. We operate the world’s fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. MasterCard’s products and solutions make everyday commerce activities – such as shopping, traveling, running a business and managing finances – easier, more secure and more efficient for everyone. Follow us on Twitter at @MasterCardNews, join the discussion on the Beyond the Transaction Blog and subscribe for the latest news.

About MasterCard Instalments

MasterCard Instalments is an innovative payment solution that gives cardholders a stronger and more transparent control over their expenses combined with an extended purchase capacity. The solution allows them to make secure payments with peace of mind, using the MasterCard network and a card from their existing bank.

To support issuers in offering instalments to their customers, MasterCard is enhancing its network capabilities with the aim of delivering a value-added service to its customers that applies to debit cards, credit cards and commercial cards, while reducing the implementation efforts required by issuers.


Corinne Raes – – +32 498 58 5237

[1] Instalments European Research. Qualitative and quantitative phases, conducted in eight countries (Ukraine, Hungary, Italy, The Netherlands, Sweden, Ireland, Germany, UK). Research conducted between May 2014 and January 2015. Sample size: over 7,000 respondents.