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Effective February 15, 2022 MasterCard is opting all MasterCard merchant acceptors into their new installments program, where they have partnered with lenders to offer a variety of installment payment options for card holders.  Similar to other buy-now-pay-later programs, merchants are paid in full; however, with MasterCard Installments there are no merchant integration requirements, as payments are processed, and merchants are funded like any other MasterCard transaction.  All standard processing fees apply, as well as a MasterCard Installment Fee may be passed.