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Ep #5 | WTF Is Ed-Tech | What’s Broken, What’s Next? With Nikhil, Ronnie, Gaurav and Jay
WTF is with Nikhil Kamath
The Loophole in the Credit Card Industry
I think they did it in three doses, which then got into an element of miscommunication. Beyond the third dose, you still have to pay 20% TCS when you spend your LRS TCS. I would say that, is it the most elegant solution? One could argue not. Is the owner going to be on you guys as a bank? My understanding is that if somebody spends on a bank's credit card, the bank is accountable to implement regulation.
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