RBI Ain’t Buying BNPL
The Morning Brief
00:00
What Are the Other Kinds of Challenger Cards?
There are two kind of bins, or bank identification numbers. One is the p p i ones, which is also regulated and given licenses from r b i. And the partner with those players, with bank, while sitting in the middle; fintek being customer acquisition mechanism. Now these are the likes of transcorp, et cetera, which have gained a lot of prominence also through this usecase of card base credit, as we call it.
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