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Payment is just the entry point; from there they are probably going to expand into other quasi-bank services; the first low-hanging fruit that comes to mind is
by SMAAART 6y ago
Payment is just the entry point; from there they are probably going to expand into other quasi-bank services; the first low-hanging fruit that comes to mind is Advance Loans secured by CC receivables; easy, popular and highly lucrative.
- TulliusCicero 6y ago> easy, popular and highly lucrative. Eh? How can it be all three of these things at the same time? If it's easy and popular, won't that push down the prices you can charge?