2 comments
I've looked at doing this in Europe before, interest-bearing completely changes the classification of the prepayment. I didn't dig too deeply, but the general gist was that regulation-wise it really wasn't worth doing for a relatively gimmick-level feature
Very interesting I am curious how this is the case, could you share some more details/information about it?<p>Also, how does it compare to say, accepting gold or treating a gold based ledger instead treating gold as a currency and similar ideas?<p>Also could this re-classification be ever useful too? For examples bonds being treated in such way?
I wonder if they see any material differences in their customers’ usage or spending habits on the platform, receiving this interest? My perception of most businesses is that prepaid plans are typically disincentivized compared to subscriptions that auto-renew.