Latest news with #AmazonBusiness
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Business Standard
3 days ago
- Business
- Business Standard
Amazon India adds flat ₹5 fee on all customer orders, Prime included
Amazon has introduced a uniform ₹5 fee on every customer order placed through its platform in India, a change that now applies even to Prime subscribers. The decision brings the e-commerce giant in step with rival quick-commerce services such as Blinkit, Zepto and Swiggy Instamart, all of which have implemented comparable surcharges in recent months. Flipkart, a key competitor, began levying a ₹3 fee on orders earlier this year, in mid-2024. 'Amazon is doing it as part of its monetisation strategy and following an industry standard set by others such as Blinkit, Swiggy and Zepto,' said Satish Meena, an advisor at Datum Intelligence, a consumer technology-focused market research firm. 'Customers don't have any other option not to pay.' Industry experts observe that many platforms are introducing small fees on each order as a way to manage the growing costs of delivery operations, including transportation, staffing and fuel. 'E-commerce companies also have the confidence that customers are willing to pay for convenience,' said Meena. 'We may expect a further increase in this fee in the future by various e-commerce players.' Amazon India has introduced the marketplace fee of ₹5 on every order since May. This flat fee will apply to all orders, with exceptions for specific purchase categories such as gift cards and digital services, according to a company blog post. The marketplace fee, which Amazon says is a common industry practice, supports the firm's commitment to offer millions of products from diverse sellers. 'It enables Amazon to offer a vast range of products from millions of sellers,' said Amazon. At launch, the marketplace fee will not apply to gift card purchases, Amazon Business and Bazaar orders, or orders on Amazon Now and Fresh. It also excludes digital purchases like mobile recharges, bill payments, travel and movie bookings, insurance, Alexa skills, Fire TV apps, Prime Video rentals or purchases, subscriptions, and digital products delivered by email (e.g. software or Apple Store codes). For Pay on Delivery orders or prepaid orders with other applicable fees (such as offer processing or exchange fees), the marketplace fee will not appear as a separate charge for now, as outlined in updated terms and conditions. It may still be combined with other fees, either fully or partially. Amazon India does not disclose daily order volumes, but analysts say activity surges sharply during major sales events. In July last year, Amazon India said that Prime Day 2024 was the biggest Prime Day shopping event ever, with the e-commerce firm getting the highest-ever Prime member engagement and new membership sign-ups. Amazon India said a peak of 24,196 orders were placed by Prime members in a single minute (2024) as compared to 22,190 orders in 2023. In November last year, Amazon India said its month-long Amazon Great Indian Festival (AGIF) 2024 witnessed 1.4 billion customer visits, the highest ever. More than 85 per cent of customers were from non-metro cities. Last year, Amazon India saw 1.1 billion customer visits on the platform during the event, with almost 4 million new customers.
Business Wire
3 days ago
- Business
- Business Wire
Pivot Payables Announces Availability of its Accounting Automation Application on Amazon Business App Center
BELLEVUE, Wash.--(BUSINESS WIRE)-- Pivot Payables Inc., a fintech company delivering corporate financial operations solutions, announced that its accounting automation application, PivotLynx, is now available in the Amazon Business App Center. This integration gives Amazon Business account holders the ability to issue scenario-based virtual credit cards directly within PivotLynx, enabling pre-approved purchases and eliminating the traditional post-purchase reconciliation process. 'We are excited to provide a leap forward in how companies will be able to manage purchasing, empower employees with a seamless buying experience and ensure every transaction aligns with policy, approvals and compliance.' PivotLynx builds efficiencies for operational purchases made on Amazon Business by assigning specific purchase scenarios to virtual cards prior to use, tightly aligning each card to a specific purpose. Once approved, employees can make one or more purchases on Amazon Business using the assigned card. PivotLynx then automatically generates approved expenses, complete with accounting and SKU-level order details, ready for seamless upload into dozens of supported enterprise resource planning (ERP) systems. This eliminates manual expense tracking and significantly reduces month-end close efforts. 'Integrating PivotLynx with Amazon Business reflects our commitment to delivering smarter financial solutions that drive business performance and elevate the user experience,' said John Toman, chief product officer and co-founder of Pivot Payables. 'We are excited to provide a leap forward in how companies will be able to manage purchasing, empower employees with a seamless buying experience and ensure every transaction aligns with policy, approvals and compliance.' Key benefits for Amazon Business customers using PivotLynx include: Scenario-based virtual cards restricted to Amazon Business and tied to specific purchasing scenarios Pre-approved purchases with built-in accounting and reporting data One virtual card, multiple purchases, all tied to the same approved scenario SKU-level details and receipt images automatically attached to expenses Fully automated reconciliation that saves hours—or days—during month-end close Access PivotLynx in the Amazon Business App Center by clicking here. Pivot Payables is a fintech company delivering corporate financial operations solutions. Pivot Payables helps financial executives increase the value of their commercial card programs related to spend and payment management for travel, purchasing and invoice business processes. For more information, visit or LinkedIn.
Globe and Mail
4 days ago
- Business
- Globe and Mail
Velomax Automation Turns Amazon Dreams Into Reality for Busy Professionals and Investors
Miami, Florida - From busy parents to real estate investors, hundreds of clients trust Velomax Automation to build their Amazon businesses—and their financial freedom. Unlike coaching or courses, Velomax offers a fully done-for-you solution. Their team handles Amazon's complexities so clients never need to touch product research, suppliers, or customer service. 'Our clients want results, not another full-time job,' says Alex Carter. With 400+ client stores under management, strict Amazon compliance, and a track record of building six-figure income streams, Velomax remains the #1 choice for passive income seekers. For updates, follow Alex Carter on Instagram @ About Velomax Automation Velomax Automation entered the Amazon space in 2017, initially building a few stores behind the scenes. As those early successes gained attention, friends and family began requesting help with their own Amazon businesses. What started small quickly scaled through referrals, and within a few years, Velomax Automation was managing over 100 stores. Recognizing the growing demand, the company committed fully to automation—launching warehouses, assembling specialized teams, and building out a scalable system. Today, Velomax Automation manages over 200 Amazon stores for clients earning consistent passive income. While Amazon remains a powerful platform for smart investors, navigating it alone can be costly and complex. Velomax Automation removes the guesswork by offering a streamlined, professional solution designed to help clients succeed from the start. Learn more about Velomax Automation at or email contact@
Time of India
27-05-2025
- Business
- Time of India
How Amazon Business is enabling MSMEs to be part of the $200 billion opportunity in B2B e-commerce
B2B e-commerce is eyeing the next level of growth in India, with an IBEF report estimating it to be a $200 billion opportunity by 2030. With an increasing shift being seen by businesses from offline to online procurement for access to a wider selection, bulk deals and transparent pricing, the India market is gearing up to be digitally well equipped for a makeover. B2B e-commerce platform, Amazon Business, aims to be at the forefront of this digital transformation , with a specific focus on the MSME sector . Mitranjan Bhaduri, Director, Amazon Business says that procurement often feels like a navigating maze for MSME buyers due to multiple vendors, inconsistent pricing, and lengthy processes. 'Take, for instance, an artisanal food producer located hours away from the nearest city. Earlier MSMEs struggled with basic procurement of farming equipment and supplies. Today, they can source everything from seedling trays, coco peat to cleaning supplies through our marketplace, eliminating geographical barriers,' he states. For the 16 lakh sellers, the platform offers access to varied business customers. Approximately 31.5% of the platform's sales come from sellers based in Tier 2+ cities, and over the past 3 years, sales have grown 1.4 times from sellers in Tier 1 cities and metros. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Her body cannot endure this level of pain; please help her. Donate For Health Learn More It simplifies selling for MSMEs through three key solutions – firstly, connecting sellers to business buyers through the B2B marketplace, secondly a B2B Central tool which helps sellers handle bulk orders. Sellers can manage price quotes, negotiate terms with buyers, and track large business orders in real-time through the tool. Thirdly, tax compliance is streamlined through automated monthly reports, which track all B2B transactions and compile the necessary documentation for GST filing. Such digital solutions also sync up with The Digital India programme launched by Prime Minister Narendra Modi on July 01, 2015 with an aim to transform India into a knowledge-based economy and a digitally empowered society. 'The programme is centred on three key vision areas–digital infrastructure as a core utility to every citizen, governance and services on demand and digital empowerment of citizens. The overall goal is to ensure that digital technologies improve the life of every citizen, expand India's digital economy, create investment and employment opportunities, and create digital technological capabilities in India,' a PIB release elucidates. Live Events Since financial constraints continue to be a roadblock for the MSME sector, Amazon Business looks at addressing this credit gap through financial solutions. 'Through Amazon Pay Later, eligible businesses can access 30-day interest-free credit, which can be extended to 12 months at minimal interest rates. This has helped them to make procurement decisions based on actual business needs instead of waiting for cash availability,' Bhaduri adds. In terms of critical challenges faced by businesses in procurement, he says that some of the main ones include lack of a consolidated source of selection, leading them to manage a long tail of offline suppliers; getting compliant GST invoices across such fragmented suppliers; geographic and supply chain limitations and language barriers that restrict digital adoption. The platform seeks to address such gaps by creating a transparent marketplace where businesses can compare prices, access bulk discounts as well as be a part of a widespread delivery network where location ceases to be a barrier for quality supplies. There have been other noticeable trends, too. 65% of the orders on the platform now come through mobile, especially in tier II and III cities. Voice shopping and enabled buying experience in seven regional languages have accordingly been introduced to make procurement more inclusive for businesses across the country. Going forward, Amazon Business is looking at expanding their selection, accelerating delivery speed, and enhancing pricing via advanced AI and digital tools. 'Our goal is clear – helping Indian businesses improve profitability, reduce working capital strain and scale faster in a digitally driven economy,' Bhaduri states.
Mint
04-05-2025
- Business
- Mint
Big screen awaits: Buy 55 inch and 65 inch TVs during Amazon Great Summer sale at up to 65% off
The Amazon Great Summer Sale offers a compelling opportunity to acquire a 55-inch or 65-inch television at significantly reduced prices, with discounts reaching up to 65%. This event provides access to large-screen viewing from prominent manufacturers such as LG, renowned for their display technology, Sony, known for picture quality, and Samsung, a leader in television innovation. Consumers seeking to enhance their home entertainment setup can find substantial savings on these sought-after screen sizes from established brands during this Amazon sale. Consider this an opportune moment to upgrade your viewing experience with a high-quality, large-format television. Amazon Pay ICICI Bank Credit Card: Prime members get 5% back, others 3% (not on EMI or Amazon Business). Amazon Pay Later: Earn ₹ 50 cashback on ₹ 199+ purchases. Available on Bajaj Finserv EMI and Amazon Pay Later (check eligibility). Potential savings on EMI interest with select Credit Cards and HDFC Bank Debit Cards (up to ₹ 3,505.09). Credit Card EMI: ₹ 250 off ( ₹ 7500+), ₹ 500 off ( ₹ 7500+), ₹ 700 off ( ₹ 7500+), ₹ 1000 off ( ₹ 10000+), ₹ 1500 off ( ₹ 10000+), 10% up to ₹ 1750 ( ₹ 5000+, 6+ month EMI), ₹ 500 off ( ₹ 24,990+), ₹ 500 off ( ₹ 49,990+), ₹ 500 off ( ₹ 74,990+). 250 off ( 7500+), 500 off ( 7500+), 700 off ( 7500+), 1000 off ( 10000+), 1500 off ( 10000+), 10% up to 1750 ( 5000+, 6+ month EMI), 500 off ( 24,990+), 500 off ( 49,990+), 500 off ( 74,990+). Credit Card Non-EMI: ₹ 250 off ( ₹ 7500+), 10% up to ₹ 1250 ( ₹ 5000+), ₹ 1000 off ( ₹ 10000+), ₹ 500 off ( ₹ 24,990+), ₹ 500 off ( ₹ 49,990+), ₹ 500 off ( ₹ 74,990+). 250 off ( 7500+), 10% up to 1250 ( 5000+), 1000 off ( 10000+), 500 off ( 24,990+), 500 off ( 49,990+), 500 off ( 74,990+). Debit Card EMI (6+ months): 10% up to ₹ 1750 ( ₹ 5000+), ₹ 500 off ( ₹ 24,990+), ₹ 500 off ( ₹ 49,990+), ₹ 500 off ( ₹ 74,990+). How to avail: Select the eligible card at checkout; no promo code needed. Samsung 55-inch TVs are heavily discounted, with savings of up to 42% during the Amazon Great Summer Sale. This is a prime opportunity to upgrade to a larger screen size from a leading brand. Check for potential bank offers and exchange bonuses to maximise your discount on these popular televisions. Dreaming of a bigger, better picture? The Amazon Great Summer Sale offers a prime chance to snag an LG 55-inch TV for less, with discounts soaring up to 43%. Elevate your viewing experience with LG's renowned display technology without the premium price tag. Keep an eye out for extra savings through bank offers and exchange programs. Unleash breathtaking visuals! Sony 55-inch TVs are now up to 43% off during the Amazon Great Summer Sale. Experience Sony's cutting-edge display technology and smart features for significantly less. Don't miss out on potential bank offers and exchange deals to amplify your savings on these sought-after, immersive televisions. Enjoy incredible savings on a wide array of 55-inch TVs during the Amazon Great Summer Sale, with discounts reaching a whopping 65%! Upgrade your viewing experience with popular brands like Xiaomi, Vu, TCL, VW, and TOSHIBA, all offering significant price drops. Explore their diverse features and technologies to find the perfect big screen for your home entertainment needs. The Amazon Great Summer Sale brings you Samsung 65-inch TVs with discounts reaching up to 41%. Immerse yourself in vibrant colours and smart features from a leading brand. Explore potential bank offers and exchange deals to make your big-screen upgrade even more affordable. Don't miss this chance to elevate your home theatre. Experience stunning visuals with Sony 65-inch TVs, now available at discounts of up to 41% during the Amazon Great Summer Sale. Immerse yourself in Sony's renowned picture quality and innovative features, bringing your favourite content to life. Explore potential bank offers and exchange programs to enhance your savings on these premium, large-screen televisions and elevate your home entertainment experience. Dreaming of a truly cinematic experience at home? The Amazon Great Summer Sale is your chance! Dive into a vast selection of 65-inch TVs from brands like TOSHIBA, Blaupunkt, TCL, VW, Vu, and Hisense, all with discounts reaching up to an impressive 65%. Imagine the immersive picture quality and expansive screen size transforming your movie nights and gaming sessions. Explore the diverse technologies and features available, and look for extra savings through bank offers and exchange programs to make your big-screen upgrade a reality. Disclaimer: Mint has an affiliate marketing partnership, which means we may get some commission on purchases you make through the retailer sites links provided. These partnerships do not influence our editorial content, which is free from any bias or marketing pitch. We strive to provide accurate and unbiased information to help you make informed decisions. We recommend verifying details with the retailer before making a purchase. First Published: 4 May 2025, 01:30 PM IST
