Fintech companies that wish to venture into lending have a few choices in front of them: (a) Offer personal loans (b) Offer credit line cards (c) Offer credit cards When loans aren’t sufficient Loans by their very nature are merely transactional. The user avails of such a loan only a few times a year…

The previous blog post decoded the economics of UPI led BNPL. If you haven’t already read that, please do so now, as it provides the necessary context for this post. However, UPI is not the only form factor to offer BNPL. If anything, NPCI has taken a view that UPI…

Credit based payment instruments such as credit card, BNPL can be useful in exactly one of the two ways. (1) convenience of a tab (2) borrowing money to fund the transaction. …

It is not a question of if but when. In this series, I will explore the various causes that will inevitably push India towards the world of digital payments. Digital Payment methods for Consumers Broadly speaking, there are two different channels: online and offline. In the online world, the payments are digital by default. Barring…

In the year 1958, Mao Zedong launched the campaign Great Leap Forward. The central aim of the campaign was to finance industrialization by introducing radical & controversial changes to agriculture. Collective farming was at the core of this ideology. …

Regulations can make or break companies and sometimes even industries. Take the example of auto sector in our country which is in a lot of distress due to evolving policies. In the payments industry, a regulation from RBI has the power to change the dynamics overnight. …

Ahmedabad is an interesting city for many reasons. But on that day, I was destined to be at the prestigious Indian Institute of Management for interaction with the students perhaps for encouraging them to take up entrepreneurship. The hall was named after the founders of TaxiForSure (acquired by Ola) “Raghunandan…

It was the year 2008. I was working for BankBazaar.com then. We were ruffling through the Alexa pages to find the top sites of the country. For the uninitiated, this is how we used to figure out the internet traffic trend in the country: find it here. The websites of…

RBI has published Vision 2021 for Digital Payments in India. This is available here to view / download. Please note that the views expressed here are my personal views. Outlining the Vision for 2021 Empower every Indian with access to a bouquet of e-payment options that is safe, secure, convenient, quick and affordable. Vision 2021…