master card Inc on Tuesday Buy Now, Pay Later (BNPL) program that will allow consumers to pay for online and in-store purchases through equal and interest-free installments.

MasterCard installment program will be available in markets worldwide United States of america, United Kingdom And Australia, the company said.

The company also said it would work on the BNPL program with banks and fintech firms, including Barclays plc’s US unit, Fifth Third Bancorp, Marketa Inc., and SoFi Technologies Inc., in the United States, and Qantas Loyalty & Latitude in Australia. Are included.