Still open queries -1. how does the money flow work, when a product is returned to a merchant? The Fintech has already paid the merchant..what if it's returned when some amt already paid by customer to Fintech? 2. As it's open to all - those who dont have a credit score (the majority in India) - how is credit eval of intent to pay, done? Thanks for the clear article!
Based on your situation it can be handled with different methods like unsupervised methods for credit wealthiness. For returning products, there are many conditions that you can handle with a merchant.
Still open queries -1. how does the money flow work, when a product is returned to a merchant? The Fintech has already paid the merchant..what if it's returned when some amt already paid by customer to Fintech? 2. As it's open to all - those who dont have a credit score (the majority in India) - how is credit eval of intent to pay, done? Thanks for the clear article!
Based on your situation it can be handled with different methods like unsupervised methods for credit wealthiness. For returning products, there are many conditions that you can handle with a merchant.