A credit card bubble is brewing but no one wants to talk about it

The government wants to tax credit card transactions abroad but is missing a potentially bigger misuse of the instrument at home—fake rent payments.

23 May, 20238 min
0
Getting your Trinity Audio player ready...
A credit card bubble is brewing but no one wants to talk about it

You may also like

Internet
Story image

Uber’s new buy in Turkey

The American tech company is buying Getir’s delivery operation, a16z invests in a new proptech and Dubai’s real estate can now be traded.

Business
Story image

CSB Bank’s deposits are a ticking time bomb

The Kerala-based bank has been chasing costly and risky bulk term deposits amid tanking profitability.

Internet
Story image

How Dubai’s PRYPCO is riding the real estate high

Co-founder Essa Ibrahim talks about the idea behind the proptech, its ongoing momentum and the popular tokenization pilot with the Dubai Land Department.