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Blog Entry# 5482208
Posted: Sep 20 2022 (20:54)
14 Responses
Last Response: Sep 20 2022 (20:58)
14 Responses
Last Response: Sep 20 2022 (20:58)
Sep 20 2022 (20:54)
TouristerDivyanshu^~
TouristerDivyanshu^~ 173606 blog postsGroup Recipients: *business
How does a credit card company make money?
Most of us know how credit cards work but very few of us know how credit card companies make money and their business model.
Most of us know how credit cards work but very few of us know how credit card companies make money and their business model.
10 *business Posts - Tue Sep 20, 2022
Sep 20 2022 (20:57)
TouristerDivyanshu^~
TouristerDivyanshu^~ 173606 blog postsGroup Recipients: *business
So how are newer players disrupting the market?
1. They are able to reduce credit costs by building their own credit models and using analytics to minimise defaults.
2. They are able to build scalable technology to reduce operating costs.
1. They are able to reduce credit costs by building their own credit models and using analytics to minimise defaults.
2. They are able to build scalable technology to reduce operating costs.
3 *business Posts - Tue Sep 20, 2022