MTS Bank enters on BNPL market

MTS Bank will develop in the direction of interest-free installment payments - buy now pay later. Entering this market will also allow it to realize a large-scale network effect, which will lead to an increase in demand for the bank's products. Growth in the number of partners within the installment program will affect the growth of available product categories, and consequently the turnover of transactions and the volume of analytical client information will increase, according to the credit organization.