Amazon India to waive various fees paid by sellers to help SMBs amid Covid - News Summed Up

Amazon India to waive various fees paid by sellers to help SMBs amid Covid


Amazon India has announced a slew of measures on Saturday to help its sellers navigate the economic challenges caused by the pandemic as India battles a vicious second wave of Covid-19 infections. The e-commerce major said that to help small and medium business (SMB) sellers during this time, the company is waiving off 50% of the ‘sell-on-amazon’ or ‘referral fee’ from 1st May 2021 to 31st May 2021. It is temporarily relaxing the claim windows for various types of reimbursements that the sellers file for 30 days, the e-commerce firm said. Amazon India recently had announced that it will be covering the Covid vaccine costs for their eligible sellers and their dependents. The sellers will also have the option to avail on-demand disbursal of their funds from Amazon to ensure better capital availability.


Source: Mint May 01, 2021 14:37 UTC



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