Biggies pay lower online platform fee than small cos
BENGALURU: Large online sellers who have affiliations or investments from e-tailers like Amazon and Flipkart are paying only about 5-11% of their revenue as marketplace fee, while regular third-party sellers typically pay at least 15% as platform fee. The latest balance sheets of major online sellers like Cloudtail, Appario Retail, and Tech-Connect Retail show the amount […]
Rahul Chari interview: ‘Can leverage Walmart to increase our B2B penetration’
By Pranav Mukul New Delhi: Even as some of the big banks in the country adopt the financial technology (fintech) approach, companies and start-ups offering digital payments services will continue to be on the top of developing products for the end consumer. RAHUL CHARI, chief technology officer and co-founder of Flipkart-owned digital payments company PhonePe tells […]
