BFSI

Copy-Paste Of Western Business Model Works

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The founder of India’s largest discount brokerage Zerodha recently sparked off a debate on social networks by declaring that copy-pasting business models from USA and other countries does not work in India because there are many differences between the two markets. @Nithin0dha: India is unique. Copy-pasting models from the US, etc, has hardly worked. Paytm’s … Read more

Musk Twitter Will Take Per Article Sales To The Next Level

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In Why Publishers Don’t Sell Individual Articles, we saw how readers want à la carte (buy individual articles) but publishers offer only buffet (all-you-can-eat subscriptions). (While this post can be read independently, it will make more sense after reading the previous post.) Of late, some publishers are not even offering one-month subscriptions. Either their minimum … Read more

Economic Times Publishes My Take On Play Store v. App Developers Controversy

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Google Play Store provides the following services to Android app developers: Listing Discovery Distribution Commerce platform Training Google does not charge any fixed fees for these services. Like most companies in their early days, app developers are short of funds when they start out. While they have aspirations to build for the world, do marketing, … Read more

Why Publishers Don’t Sell Individual Articles

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When it comes to per article sales, everybody points to ready demand, takes supply for granted, and focuses on the fulfilment, mainly micropayments. This has been going on for years during which many micropayments have come and gone and demand has skyrocketed as more and more media outlets have put their content behind paywalls, but … Read more

Six Step Plan For ONDC To Replicate The Success of UPI

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Open Network for Digital Commerce seeks to increase the penetration of digital commerce in India by enabling companies to plug into its open and interoperable ecommerce protocol and thereby complete their ecommerce solutions. Setting up an e-commerce platform requires putting together diverse elements and working towards making each element a success. ONDC, on the other … Read more

Seven Money-Making Schemes That Sound Too Good To Be True – But Are True

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According to the old adage, “If it’s too good to be true, it’s a scam”. In times of rampant fraud, like we’re seeing in the crypto world now, many people are repeating this warning. Take the OP of this LinkedIn Post for example. I’m sure they’re all well-meaning. I’m also sure that their warning is … Read more

Calling BS On The Meme “Banks Privatize Profits And Socialize Losses”

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I first heard the meme “Banks privatize profits and socialize losses” soon after some banks were bailed out during the Great Financial Crisis of 2007-8 in USA. The narrative was, when banks do well, they distribute their profits to their employees and shareholders whereas when they do badly, they palm off their losses to taxpayers … Read more

How Do Banks Make Money From Credit Card Business?

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Banks have created the impression that they love credit cardholders who pay only the minimum balance every month and revolve their outstandings so that they can earn juicy interest off of them. This has led the Average Joe / Jane credit cardholder to think that banks make money only on interest, and believe that they … Read more

Economic Times Publishes My Piece On “PPI Via UPI” Payments

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Finance is full of hair splitting as I warned in Hair Splitting In Finance. Payments is no exception. In Retail Payments Primer, I highlighted that credit card, debit card, wallet, UPI and other retail methods of payments (MOPs) are not equal. Now National Payments Corporation of India would like us to appreciate that there are … Read more