Education
Most people think India’s credit boom is a recent fintech story, but the reality runs much deeper.
In this conversation, global fintech leader, Lizzie Chapman explains how India has always run on credit through informal trust networks, how digital public infrastructure like UPI radically accelerated access, and why modern banking systems are engineered to profit from consumer mistakes. She breaks down what really happens behind ‘zero-cost’ EMIs, BNPL, and credit cards, how small lapses quietly damage credit scores, and why financial harm today often shows up years later when it matters most.
If you use digital payments, credit cards, or easy credit- this episode brings clarity to how the system actually works and how to navigate it without falling into long-term traps.