Mastercard (MA) has acquired a tech platform and a POS financing providerVyze. The deal let Mastercard to provide a wide array of POS options. The Mastercard POS financing “solution” is the so-called buy-now-pay-later. The company claims that this solution represents a $1.8 trillion opportunity.
The MA stock increased its price by 34% in a year’s time. The increase was also bigger than the industry’s gain of 23%.