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Risk and compliance?

The idea is already solved by IIT Bombay students..

This is against the regulations and while it may seems a good idea It's very hard for you to convince the credit card holder and e-commerce stores both due to privacy issue of the end user. there are lot of chances of fraud as well. Do your research properly and look if it is within the rules. It sure is an innovative concept

i heard you can only use 30 percent of your credit limit or else your credit score will be in negative

good idea but there will be a lot of complex problem to solve and that normal but RBI will allow this.. a question to be taken?

some of questions: 1. Lets consider there are 500 credit card holder and 700 buyers who want to purchase with credit card. how system will choose which purchaser will go with which credit card holder without creating any bias. 2. How up front payment will work? ( you might use a system which are used in Indiamart where buyer pay to Indiamart and as the deal complete totally then they release money to seller) 3. How reward system will work. because as of now, all the reward and cash back is benefited by the person whose credit card getting used. (and here I'm taking about other than instant rewards and cash back)

E-commerce giants will be hesitant to integrate a third-party payment service due to risks and potential disruptions in the payment flow but all the best.

How do you ensure the credit card holder won’t misuse the shopper’s payment info, and vice versa?

The idea of connecting shoppers with credit card holders is smart, but trust could be a big hurdle

This feels predatory. You're essentially creating a system where people with financial privilege can profit from those who can't access traditional credit.

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The real genius is in the platform integration. Making it seamless with Amazon and Flipkart means instant market penetration. This isn't just a payment solution - it's a financial ecosystem play. Venture capital is definitely going to be interested.

Pros: Financial inclusion for those without credit Potential Cons: -Credit score risks -Potential for predatory fees -Complex liability issues -Needs SERIOUS regulatory oversight, but the core concept is innovative.