27min chapter

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S7 E12: How Payment Insurance Enhances Consumer Financial Health

Fintech Takes

CHAPTER

The Significance of Payment Insurance in Consumer Lending

Exploring the importance of payment insurance in consumer lending, the chapter delves into the evolution of payment insurance since the 1970s and its crucial role in providing cashflow protection for consumers. It discusses the challenges of selling payment insurance, the need for large risk pools in insurance, and the modern case for payment insurance in the digital lending ecosystem.

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