Mastercard Installments will be made available to meet growing consumer demand, according to the payments company. It will enable banks, lenders, fintechs and wallets to offer flexible instalment options to consumers. "At the heart of it, payments come down to choice – and people want more from their money with greater flexibility and control in how they pay and where they shop," said Craig Vosburg, chief product officer at Mastercard. "Mastercard Installments has been built on our guiding principles to protect consumers and enable choice without sacrificing trust and security.