The problem is that these fintech thinks of India as a developed country with "through the roof" financial knowledge and they treat it's institutions as to seek loopholes to make money. It's good for us that neither of these scenarios are real 😉
Maybe offers can work. But the rotating credit card money that u mentioned is another loophole. It will go away sooner or later. So they won't survive. How many prepaid cards do u know that have existed for several years? They create hype for an year or two and then fade away when they start running out of money.
Maybe offers can work. But the rotating credit card money that u mentioned is another loophole. It will go away sooner or later. So they won't survive. How many prepaid cards do u know that have existed for several years? They create hype for an year or two and then fade away whey they start running out of money.