ilmscore | Prediction Details
"Samsung generally has tie up with different different credit card companies for example this month they may run an offer with ICICI credit card next month they may run an offer with HDFC credit card next Monday whatever different different credit card companies so here we may say that the credit card company will say okay this this is what we will charge we will not be able to you know pay anything for the cashbacks so it will be Samsung as a brand who would be paying for the rewards and who will ensure that they get more and more new customers or we call such a cost as a customer acquisition cost"
By CA Rachana Phadke Ranade | April 1, 2023 | Pending
From video
Who Pays For My Credit Card Rewards? | CA Rachana Ranade 00:09:28 - 00:10:07
Interpreted Prediction
When a brand like Samsung partners with credit card companies for cashback offers on product purchases, it's typically the brand that bears the cost as a customer acquisition strategy, not the credit card company, dealer, or customer.

Prediction Details

Topic
Credit Card Rewards

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