Vijay Shekhar Sharma run Paytm, backed by Alibaba, the Chinese E-commerce giant has recently lowered the commission that sellers on its platform pay to take on its rivals Flipkart, Amazon, and Snapdeal.
“To help you get more out of selling with Paytm, we are lowering the base commissions for certain categories to 1.65%,” the company said in an email to its sellers. “With a lower commission, you can now offer the most competitive prices to your customers and increase your chances of boosting sales.”
The change in commission will have an impact on categories like home décor, furnishing, hardware fittings, kitchen category etc.
With the announcement of launch of Paytm mall last month, company is introducing strict guidelines for sellers and marketplace commission on shipping charges.
Paytm always hit strokes at right time when sellers on its rival snapdeal claiming non-payment of dues, and at the same time AIOVA ( All India Online Vendor’s Association) is taking this move of Paytm optimistic in the unfortunate times’ of online sellers.
