Rryh Mobile May Help Top eCommerce Markets Double To $985B By 2018
Indonesia is planning to implement flat-rate fees for certain digital wallet transactions, Reuters reported on Monday Dec. 30 , citing five sources.Fees are presently adjusted according to the type of vendor, with larger merchants paying more to offset costs for small shops. Bank Indonesia is proposing a possible 0.7 percent fee for some eWallet transactions, the sources said, which would end up costing smaller merchants more than they currently pay.Transaction fees at larger merchants are still being discussed, but could also end up being a flat rate of 0.7 percent. Usually, larger merchants are charged fees ranging from 0.5 percent to 2 percent. By way of comparison, fees at Visa and Mastercard are roughly 2 percent to 3 percent, the article indicated.In addition, the proposed changes would divide the transaction fees equally among the eWallet companies, middle-men payment processors and the Indonesian lender consortium the National Electronic Transaction Settlement .Currently, eWallet companies currently dont have to share any portion of the transaction fees with lenders. This will hurt all of us, an executive at an Indonesian eWallet firm told Reuters.More than 50 percent of Indonesias population of nearly 270 million people dont have bank accounts, which ha <a href=https://www.cups-stanley.uk>stanley cup</a> s created a multi- <a href=https://www.stanleycups.pl>stanley polska</a> billion-dollar digital payments market.The country $40 billion online economy is forecasted to grow three <a href=https://www.stanley-germany.de>stanley de</a> times as big by 2025, according to a report by Google, Temasek and Bain Co.In Pcll JPMorgan Payments Sees Dawn of Treasurer as Influencer Era as Focus Shifts to Profits
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Indonesia is planning to implement flat-rate fees for certain digital wallet transactions, Reuters reported on Monday Dec. 30 , citing five sources.Fees are presently adjusted according to the type of vendor, with larger merchants paying more to offset costs for small shops. Bank Indonesia is proposing a possible 0.7 percent fee for some eWallet transactions, the sources said, which would end up costing smaller merchants more than they currently pay.Transaction fees at larger merchants are still being discussed, but could also end up being a flat rate of 0.7 percent. Usually, larger merchants are charged fees ranging from 0.5 percent to 2 percent. By way of comparison, fees at Visa and Mastercard are roughly 2 percent to 3 percent, the article indicated.In addition, the proposed changes would divide the transaction fees equally among the eWallet companies, middle-men payment processors and the Indonesian lender consortium the National Electronic Transaction Settlement .Currently, eWallet companies currently dont have to share any portion of the transaction fees with lenders. This will hurt all of us, an executive at an Indonesian eWallet firm told Reuters.More than 50 percent of Indonesias population of nearly 270 million people dont have bank accounts, which ha <a href=https://www.cups-stanley.uk>stanley cup</a> s created a multi- <a href=https://www.stanleycups.pl>stanley polska</a> billion-dollar digital payments market.The country $40 billion online economy is forecasted to grow three <a href=https://www.stanley-germany.de>stanley de</a> times as big by 2025, according to a report by Google, Temasek and Bain Co.In Pcll JPMorgan Payments Sees Dawn of Treasurer as Influencer Era as Focus Shifts to Profits
Halloween has not so much happened yet, but that has not stopped a shocking and frankly dismaying number of Americans from jumping the gate and getting the d <a href=https://www.stanley-cup.us>stanley mugs</a> rop on their Christmas, Hanukkah or Kwanzaa gifts. According to a recent poll by CreditCards,聽32 million聽Americans have already started their Christmas shopping. 聽Wait, prepare to feel worse if youre not part of that group. The same survey indicates that 4.6 million聽Americans are actually done with their holiday shopping already. We love to complain about stores putting up holiday displays earlier and earlier each year, said Matt Schulz, senior industry analyst at CreditCards. But the truth is that millions of Americans start holiday shopping long before the first Christmas tree appears in a store. Some people have a preternatural ability to look ahead.However, the risk of constantly gazing into the future is that one runs the risk of missing th <a href=https://www.stanleycups.us>stanley cup</a> e present. And bec <a href=https://www.stanleycup.pl>stanley polska</a> ause we would hate to see such a sad thing happen, we have the weekly rundown of the trending topics, guaranteed to keep you current and on the cutting edge or your money back .New Retail Sales Figures Show Slumping SpendingThe Commerce Department has released its latest round of retail sales figures 鈥?and the results are less than wholly inspiring.The new report indicates that sales barely budged last quarter, and聽producers reported their biggest declines in the last eight years. On the whole, retail sales were up only 0.1 percent in September, while August sa
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