Mastercard Acquires POS Financing Provider Vyze

Mastercard has purchased Vyze, a financing option offered at the retail POS that connects merchants with multiple lenders. Terms of the acquisition were not disclosed.

“Both consumers and businesses want the best choice and service, exactly when they need it,” said Blake Rosenthal, EVP of Global Acceptance at Mastercard in a statement. “Vyze adds to our ability to empower banks and other lending partners to participate in the growing trend of retail financing. The combination of their…