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With a 3 percent digital tax passed by the French government, Amazon is hiking seller fees for small and medium-sized businesses in France beginning in the fall. The eCommerce company cited the tax as the reason for the increase, CNBC reported.Amazon said in a statement
stanley thermos , according to the report, This tax is aimed squarely at the marketplace services we provide to businesses, so we had no choice but to pass it
stanley termoska down to selling partners. We recognize that this may place small firms in France at a competitive disadvantage to their counterparts in other countries. One seller, for instance, began a jewelry company in 2011 creating custom pieces such as bracelets, rings and necklaces. She began to sell her items on Amazon two years ago and brings in one-fifth of her sales from the eCommerce marketplace. The seller will now pay Amazon 12.36 percent of her sales compared to 12 percent before. According to the outlet, she noted that any fee hike hits profits, as margins are already tight from materials costs and other t
stanley usa axes. She must either absorb the higher costs or increase prices.The news comes after reports surfaced in April that Frances lower parliament has passed a proposed tax that targets the revenue of tech giants like Google, Amazon and Facebook. The finance minister of France had the prior month announced the 3 percent tax, which targets digital businesses with $845 million or 鈧?50 million in global revenue and 鈧?5 million in domestic revenue.The tax was reportedly to apply Yejt Xolo Receives $6.8M, Debuts New Tools For Freelancers
In the U.S., mobile payment options have expa
stanley termos nded over the past few years. Adoption, however, has been slower on the uptake, with only modest growth even over last year. As PYMNTS Karen Webster recently put it this week: Consumer ado
stanley hrnek ption on mobile pay has been stuck in the mud since about March 2015. That said, if CES 2017 is any indication, the future of mobile payments may be led by the way technology enters the cons
stanley termoska umers lifestyle and who that consumer indeed is.According to new research 鈥斅爊amely聽Deloittes 2016 Mobile Consumer Survey聽鈥斅爋lder American millennials are more likely than their younger counterparts to use mobile payments. The older set 鈥?specifically, those aged 24鈥?5 鈥?admit to making in-store payments via smartphone more often 鈥?at least once a week 鈥?than any other age group. Specifically, these millennials were twice as likely as the 18鈥?4 age group and twice that of last year 13 percent in 2015 and 21 percent in 2016 .The Deloitte survey polled 2,000 American internet users between the ages of 18 and 75. The survey asked the respondents how often they use a smartphone to make in-store payments in 2016, choosing from at least once a week, at least once per month or less frequently but at least once. This data was compared to those same choices in the year before. The older millennials are not only twice more likely to use the technology over the younger group but are nearly three times more likely to use it over the group that was born immediately b
