Mastercard is pursuing a global effort to support consumer installment loans by working with card issuers and merchants through its Mastercard Consumer Installment (MCI) platform. The company has signed a partnership with third party processor Tsys in the U.S. to support buy now, pay later (BNPL) loans tied to Mastercard credit and debit accounts on file. Tsys, the largest card account processor in the U.S., is a unit of Global Payments. It is the first card account processor to form a partnership with MCI. Tsys and Mastercard will work together to offer BNPL to their customers. Those ca...