Tuesday, October 9, 2018

Flipkart,Amazon give instant loan against Aadhaar

In a bid to push sales, the e-commerce giants are offering instant credit without credit/debit card, but with the use of Aadhaar number. The loans are being offered to persuade users who abandon a filled e-cart — for lack of sufficient cash— to go ahead with their purchase. Some lawyers say the move violates the recent SC verdict on Aadhaar.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2CwQY9A

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