In this edition: details on RBI's recent proposal of credit card on UPI. What it means for the fintech ecosystem, credit card adoption, merchant acquiring and more.
> With ease of disbursal comes difficulty in collections. This is my biggest worry with credit card on UPI and implementation and awareness campaigns could potentially address it.
An interesting solution can be if the government only allows credit cards on UPI that are issued after a certain date (ensuring the new folks build their repaying habit in the pre-existing setup without easing of UPI. And the UPI with Credit Card can be something they are able to avail of after a year of holding credit cards.
> With ease of disbursal comes difficulty in collections. This is my biggest worry with credit card on UPI and implementation and awareness campaigns could potentially address it.
An interesting solution can be if the government only allows credit cards on UPI that are issued after a certain date (ensuring the new folks build their repaying habit in the pre-existing setup without easing of UPI. And the UPI with Credit Card can be something they are able to avail of after a year of holding credit cards.