"Our clients are innovative and like to be there with the latest fintech and payment solutions.The ability to offer payments with the clock is a completely new fintech bank for us," says Gjerdem, Managing Director of Monobank, about the bank's latest service.
Now you can use a Monocard credit card by plugging your phone on terminals that support this solution. A feature that will prevent you from printing your PIN for amounts under $ 200.
Carefree bank manager
The press release does not tell us anything about the price: "The usual price is 29, – / month. calculated after the end of the test period. Example of a price: 15,000, – with 29.98% effective interest for 12 months. Total 17,225, –»(From the bank's website).
– Do not worry that more people will find themselves in a luxurious trap, when they will be able to raise consumer loans using the telephone?
– No, anything, at least not with our solution. The app has a good overview of what you have used. You have more control, no less, "says Bent Gjendem, Governor of Monobank, for Nettavisen.
Concerned consumer economist
The Lene Drange luxury trap is not so calm on behalf of borrowers.
"This is a new form of SMS loan, which we will soon see in Luxury Fellowship. This is not good news, it sticks.
"Of course, it will increase the consumer when consumer loans and such payment solutions are combined," he says.