UK Proposes Legislation to Rein in Excessive BNPL Usage
Concerns over spiraling buy now, pay later (BNPL) debt potentially entrapping consumers have prompted the UK to propose new regulations designed to govern the industry. According to CNBC, City Minister Emma Reynolds compared the current installment loan landscape to the “wild west,” stating that a stronger regulatory framework would not only better protect UK citizens […]
India Considers a Discount for Instant Payment Users
In its latest move to promote wider adoption of the Unified Payments Interface (UPI) instant payment system, the Indian government is considering offering direct discounts to consumers who use it. Under the proposed plan, UPI users would receive an automatic 2% discount compared to the credit card price, effectively rewarding those who choose instant digital […]
From the Name on the Cup to Custom Hotel Lighting: The Future of Loyalty Programs
As loyalty programs become increasingly widespread, businesses are beginning to understand that consumer loyalty isn’t always driven by a deep affinity for the products themselves. Instead, loyalty has become a marketable asset—something that can be cultivated through incentives and experiences. In the prepaid card space, where loyalty is a critical driver of growth, gift […]