Merchants

Amazon boosts sales in its marketplace by lending $1 billion to merchants

More than 20,000 small businesses have received a loan from Amazon and more than half of those have taken a second loan from the company.

Puducherry to hold a seminar on 'Digi dhan' on March 8, will create awareness about digital transactions

Union Minister Nirmala Sitharaman will inaugurate a seminar on 'Digi dhan' here tomorrow, which is aimed at creating awareness among merchants and other sections of people about digital transactions.

Banks told to instal 10 lakh more point-of-sale terminals in 4 months to expand digital payments

To encourage purchase of PoS machines, the excise duty payable on acquisition of POS machine which was earlier 16.5 per cent has been waived till March 31

FreeCharge aims at getting 1 million merchants onboard in next 12 months

The latest announcement from digital payments platform FreeCharge has reveals it is targeting to onboard one million merchants in the coming one year.

1,00,000 merchants now accept FreeCharge wallet in India

Digital payment platform FreeCharge on Monday announced that its wallet is now accepted at 1,00,000 merchants in India. With its less-than-10 second payment completion promise, FreeCharge has rapidly gained acceptance as a trusted and easy-to-use replacement for cash among merchants and consumers.

Alibaba may have sold products worth $8 bn in a day, but its traders aren't happy

There is no obligation on merchants to take part in the festival, but if they do, the only discount option is 50 percent or more.<br />