Mastercard, ZoodPay join forces to launch first virtual installment card across EEMEA.

LAHORE -- ZoodPay, a leading digital lending platform for e-commerce in the Middle East and Central Asia, has entered into a strategic partnership with Mastercard to launch the first-of-its-kind prepaid virtual installment card in the Eastern Europe, Middle East, and Africa (EEMEA) region. This collaboration will expand financial and digital inclusion, benefiting the underbanked population and those with no credit data or limited access to finance.

The introduction of the virtual installment card will allow ZoodPay to scale its offerings and provide Buy-Now-PayLater (BNPL) solutionsto customers and merchants anytime and anywhere without being restricted exclusively to the ZoodPay network.

The offering will be available to consumers and small and...