The “Mastercard Instalments with Pine Labs” programme will roll out to all DBS Bank and POSB Bank (a subsidiary of DBS) credit card holders in Singapore from March, with Indonesia and Hong Kong set to follow sometime in Q2 2022.
DBS says two million cardholders will benefit from the BNPL option, which will allow them to pay via interest-free instalments with instant approvals at participating merchants.
The solution will be available on all DBS Mastercard, Visa and American Express credit cards.
