COD in India exists because people don’t trust the ecommerce platforms and not because they don’t know how to pay online.
COD will will be replaced by online lending at checkout and not by online payments.
— Kunal Shah (@kunalb11) July 22, 2018
This is a very interesting perspective. There are some fascinating forks to this idea. The simplest one is of course the ability to pay back in installments. However, the core here is more about short term lending. This also reduces the friction to purchase in India. If you take some of the facets of Indian transactions as a constraint – UPI PIN for transactions, credit card SMS OTP requirements etc, the friction increases in synchronous purchase experiences.
The goal would be to get the user to purchase asap. As a result, even something as simple as get the stuff and then pay post receipt potentially moves the needle significantly when it comes to run rates and growth.
Reeder is free until version 4 is released later this year as a paid upgrade. No subscription.
— Reeder (@reederapp) August 29, 2018
It’s a beautiful, well designed RSS reader app. And yes, RSS is very important.
Signal continues to surprise me in their thoughtfulness and focus on privacy by design. I highly recommend them as the IM app of choice, should you care about such things.
Meanwhile, go into adopting WhatsApp (for privacy) with your eyes open.
Seattle • August 2018