Hey all, I have noticed that there are a lot of cash backs and rewards platform which make us spend on other products rather than being useself to clear of my loan or just receive it back in my bank.
I’m solving this.
We help reduce the number of Emis you have to pay with help of rewards earned from any of your daily shopping. Yes, even the kirana next to your house.
We are at https://www.emiswift.com. Let me know if we could help.
Im missing what will be your business model. How would you monetize and pay money on reward conversion.
We convert all the coupons you earnt to cash and then pay off your emis using the same
How would you earn that money to pay users emi.
Sharing my view while I’m not trying to generalize. The product has a conflict of interest, user spending more to get coupons and earn rewards to reduce emi. While I can pay that money as a prepayment to reduce emi which can help me reach debt free faster .
Excellent idea, best of luck to you and the team !
Actively looking for feedback. Do drop your email, and I’d love to chat and learn.
Hey all, I have noticed that there are a lot of cash backs and rewards platform which make us spend on other products rather than being useself to clear of my loan or just receive it back in my bank.
I’m solving this.
We help reduce...
Just finished an emi purchase of 1500, 500 divided in 3 months. Small test to see how it works, and it actually is zero % emi. Pretty good for small purchases less than 20k i guess, but how do they make money on 0% emi?
