The interest-free installment industry has seen a boom in the past few years with companies like Affirm ($AFRM@US) and Klarna gaining popularity. Mastercard ($MA@US) has decided to roll out its own program that will be available in the United States, UK and Australia. The firm said it plans to work with Barclay’s ($BCS@Uk), Fifth Third ($FITB@US), Marqeta, SoFi and Qants Loyalty and Latitude to create the new buy-now pay-later scheme. Even with the announcement, Mastercard stock dipped slightly in early trading.