The Next Chapter, page-4898

Snap out of the La La land.

1. If you were 1 of the 3 banks looking into BNPL, what would you do to ensure the benefit and how would you protect the downfall of the BNPL company and the tightening US/World banking policy?

2. What would BNPL company do to get acceptance by those banks under the above constraints?

Bear in mind the bank and BNPL companies are 2 entities, The bank wants free lunch - maximum benefit (as usual) and bear no further financial/government policy constraints for BNP.

This is the exact issue when SPT had a agreement with VISA/MS/Google Pay. Is there anything that SPT can do and VISA/MC/GP cannot do? Why would banks and CC want to takeover SPT's government red tapes? Besides there is always PayPal and Afterpay.

If you were a sub-contractor, why would the main contractor bears your liability and safety issue?

Nowadays Governments round the world are trying to prevent 1 thing: Money Laundry. BNPL is also regarded as a loophole. Financial institutes want to embrace BNPL and yet keep an arm length. The best is making money out of nothing and no catches.