
The fault in BNPL apps
Finshots Daily
00:00
Is BNPL Apps a Threat to the Digital Payments Ecosystem?
The BNPL market is set to surge to about $50 billion by 2026 from just $3 billion today. With this kind of scorching growth comes an increasing spait of fraud. In India, the RBI is tackling fraud by using brute force. But if we don't find ways to limit fraud in the ecosystem, that could derail the growth story pretty quickly.
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