How Do Banks Make Money From Credit Card Business?
Banks have created the impression that they love credit cardholders who pay only the minimum balance every month and revolve their outstandings so that they can earn juicy interest off…
Go Figure: Contradictions – Part 1
In this blog post, we'll feature ten contradictions / ironies / disconnects aka #GoFigure. 1. Trend driving Tech: Go from CAPEX to OPEX. Trend driving Solar: Go from OPEX to…
Economic Times Publishes My Piece On “PPI Via UPI” Payments
Finance is full of hair splitting as I warned in Hair Splitting In Finance. Payments is no exception. In Retail Payments Primer, I highlighted that credit card, debit card, wallet,…
Aspirational Product Is Not Misselling
Aspirational Feature is a 10X feature in a software that attracts a lot of users to switch products but is not used by most defectors after they make the switch.…
ISO 20022: Waiting For Godot Moment
Limitation in field length of payment messages causes endless number of problems in electronic payments. Let me give a few examples: I was unable to fit the payee name MCS…
Utilities: New Source Of Subscription Trap
Media, OTT, SaaS and other recurring-revenue businesses generate revenues from subscriptions funded by credit card- (or debit card-) based standing instructions that automatically charge the cardholder's account every month. As…
How AI Can Take Readability Of Bills And Statements To The Next Level
In Bills And Statements Are Hard To Decipher, we noted that it was very hard to read bills and statements from banks, ecommerce companies, retailers and other industries. We took…
eBill Vendor Increases Upsells And Improves Win-Rates
Here's our latest success story: eBill Vendor Increases Upsells And Improves Win-Rates "QRcomaniacs" reinforce vendor's thought leadership positioning Our customer is a leading provider of eBilling and eStatment solutions to…
Shortselling For Normies
(This is a commentary on how shortselling works and not a guide to carry out shortselling.) I recently posted the following update on social media: @s_ketharaman: Startup Idea: Hindenburg Research…
Revisiting Recurring Payments On The First Anniversary Of RBI Emandate
According to RBI Emandate: Every credit card and debit card based mandate for recurring payment and auto debit (“Standing Instruction”) will need to be re-initiated by the merchant in accordance…