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Poverty in four installments; How is Snappy profiting from the decline in purchasing power? Sepehr Haghighi - When the income is no longer sufficient for living expenses, purchasing optional payments becomes a daily necessity. But who benefits from this need? By examining the SnapPay mechanism and its place in Iran's crisis-stricken economy, this article shows how reducing people's purchasing power can become an opportunity for credit platforms to generate income; A mechanism that by receiving a commission from the sellers may increase the pressure on prices and the dependence of consumers on purchases in installments. Zamane Radio.

Radio Zamaneh · Source

Poverty in four installments; How is Snappy profiting from the decline in purchasing power? Sepehr Haghighi - When the income is no longer sufficient for living expenses, purchasing optional payments becomes a daily necessity. But who benefits from this need? By examining the SnapPay mechanism and its place in Iran's crisis-stricken economy, this article shows how reducing people's purchasing power can become an opportunity for credit platforms to generate income; A mechanism that by receiving a commission from the sellers may increase the pressure on prices and the dependence of consumers on purchases in installments. Zamane Radio.

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