Google ban fails to stamp out short-term payday lending apps5 min read . Updated: 24 Jan 2020, 02:34 PM IST
- Lending apps are particularly popular in developing nations such as Nigeria, India and Kenya
- The epicenter is Kenya, where an explosion in mobile lending and little government oversight has made Google the arbiter of which apps customers can choose
In August, Google announced a global crackdown on Android apps that offer short-term loans, saying it wanted to protect consumers from what it called “deceptive and exploitative" terms.
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