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…
Fintech and Financial Inclusion - Ideas and Collaborations. 