FinTech will replace plastic Credit Cards with Number based Credit Lines Only..
How #FinTech will replace plastic #CreditCards with number based #CreditLine only.
Plastic Credit Cards will be replaced soon with Credit Card number only. And you never know Banks will offer you best cards at Less/No price for Initial period to drive adoption if you opt for #CreditCardNumber only system, instead of a Plastic card.
Similar to Loan account.
With #AmazonPay, #PayTm, #ApplePay, #SamsungPay and the like with save card feature where you do not need cards for most of the places. You will get #CreditLine against a card number, Cvv/Some other number than a Plastic #CreditCard. When we can have branchless bank then why not #CardlessPurchases ?
“AND this will be just an additional option for those customer segments (defined) who use Card Less purchase not for all segments”
Please share your thoughts on this…