Splitit, Sezzle, Zip catch fire in US deal frenzy
Tom RichardsonJournalist
If you can't beat them, join them appears to be the conclusion of US credit card giants Mastercard and Visa, as the race to offer buy now, pay later services uproots the payments landscape.
Last week, shares in junior buy now, pay later player Splitit surged 106 per cent after it signed a deal with Mastercard to integrate products, which follows a similar agreement with Visa in March.
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Tom Richardson writes and comments on markets including equities, debt, crypto, software, banking, payments, and regulation. He worked in asset management at Bank of New York Mellon and is a member of the CFA Society of the UK as a holder of the Investment Management Certificate. Connect with Tom on Twitter. Email Tom at tom.richardson@afr.com
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