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upGrad • 9m
The idea is great but it will not work due to multiple reasons 1. Regulations - RBI will step in and ban this stating security reasons 2. Hesitation by card owner - card owners will be hesitant as their credit score may get impacted due to this if user doesn't pay the amount 3. The issuing banks will step in and create mechanism to stop this as it's detrimental to their Profits 4. Privacy and safety reasons are always there.
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