RBI Ain’t Buying BNPL
The Morning Brief
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The Challenger Card Segment, Where the Axe Is Hanging
The axe is hanging, at least for the moment, on the challenger card segment. If you have 80% of your business where credit is doled out through a card, that's going to be really hard for you. A zest money, which doesn't issue challenger cards, is safe, but a slice which does issue those cards is not.
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