India is considering a proposal to cap the commissions on app-based ride-hailing firms, such as Uber and Ola, to a total of 10 percent of the full fare, Reuters reported on Wednesday (Nov. 27), citing a draft document it reviewed. The move could reduce ride...
On April 7, PayPal announced some changes to its user agreement. Currently, when someone sells goods or services, they are charged a flat transaction fee, as well as a percentage-based commission on the sale. If a customer asks for a refund, all except the small transaction...
The European Commission is nearing a decision on its investigation into Amazon, with the European Union competition chief saying over the weekend that the commission has gathered a lot of information on the eCommerce company. According to a report in Seeking Alpha, EU Competition Chief...
Employers with sales teams receiving incentive compensation and commission payout are overcomplicating their programs, according to industry player Xactly. “The biggest problem is that comp plans are too complicated,” Xactly vice president Erik Charles told PYMNTS in a recent interview. He added that if a...
February 05, 2020
Real estate has nearly always been based on direct (often multiple) interactions between buyers and sellers, though the industry continues to adapt well to the digital space, as PYMNTS recently noted. However, real estate startup Homie is successfully subverting the traditional paradigm with a tweaked business model that deliberately and increasingly appeals to first-time home […]
December 02, 2019
India is considering a proposal to cap the commissions on app-based ride-hailing firms, such as Uber and Ola, to a total of 10 percent of the full fare, Reuters reported...
April 08, 2019
On April 7, PayPal announced some changes to its user agreement. Currently, when someone sells goods or services, they are charged a flat transaction fee, as well as a percentage-based commission...
April 01, 2019
The European Commission is nearing a decision on its investigation into Amazon, with the European Union competition chief saying over the weekend that the commission has gathered a lot of...