getting a credit card in india is really tough even when you have a good salary you won't get a credit card because of no credit score don't you think this is a hurdle
4 replies3 likes
AjayEdupuganti
Stealth • 5m
Do you use a RuPay credit card with UPI?
How often does your credit card bill exceed your expectations?
Are you spending more because of your credit card?
I just want to understand whether this could become another potential debt trap for Indians
Can we have an app just like Paytm for adding money to wallet from credit card and app having a subscription model to subscribe per year
5 replies6 likes
Mr Z
•
Medial • 15d
VISA isn't a credit card company.
They're the world's most profitable middleman:
No credit risk
No bank ownership
Just a 2.5% toll on $15.5T in yearly spending
Here's their perfect business :
1. Let these numbers melt your brain:
14T+ processed
Why Banks are preferring UPI for ATM cash withdrawal instead of traditional Cards
No Physical Card Production: Issuing debit cards costs banks money (around Rs 150-200 per card for production, shipping, and activation). UPI eliminates this by workin
Early salary was a great concept. Everyone runs out of money before month ends. Kind of like the credit card business. Had to do well. 550 cr is incredible in the market condition.
1 replies7 likes
Giggity
Stealth • 3m
Do you guys use slice to borrow money I heard their interest rates are high compared to credit cards do you think slice makes sense.
My mom has an unhealthy obsession for SIPs!
We recently taught her how to use PhonePe. They opened an SIP. Next we know whatever little money she gets hold of she ends up putting in the SIP ☹️
When I encountered her she said that she had profited