S7 E12: How Payment Insurance Enhances Consumer Financial Health
Fintech Takes
00:00
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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