In an email to sellers, the Walmart-owned ecommerce company said ‘Part-Payment’ would encourage pre-paid transactions. Business standard reports that customers can pay the remaining amount in cash when a product is delivered or either by online transaction. The rate card will remain the same for 'part payment' orders.
Flipkart told sellers ‘Part-Payment’ would help them get higher GMV (gross merchandise value) growth and reduce cancellations.
The Paypers is the Netherlands-based leading independent source of news and intelligence for professional in the global payment community.
The Paypers provides a wide range of news and analysis products aimed at keeping the ecommerce, fintech, and payment professionals informed about the latest developments in the industry.
Current themes
No part of this site can be reproduced without explicit permission of The Paypers (v2.7).
Privacy Policy / Cookie Statement
Copyright