10 March 2022, Mumbai:
Meesho will bring down the payout cycle for sellers from 15 days to seven, the social commerce platform said on Tuesday.
The company also said that it won’t charge sellers for order cancellations - either by self or automatic ones.
ALSO READ: Meesho eyes at going for IPO
Payouts are payments made by an e-commerce marketplace to sellers after the sale happens on the platform.
The industry standard is 15 days. Meesho said it was the first company to offer a seven-day payment cycle.
RELATED ARTICLE Meesho digitized 4 lakh vendors
Join our community on Linkedin
CREDITS: ET.
Author’s Posts
-
62nd JOINT TECHNOLOGICAL CONFERENCE
To be inaugurated by: Hon’ble Minister of Textiles, GoI, Giriraj Singh
Oct 16, 2024
-
Brazil cotton over-reliance on exports!
Marcelo Duarte Monteiro, Director ABRAPA who is based out of Singapore delivered a s...
Oct 09, 2024
-
The 3rd Global Cotton Conference
The 3rd Global Cotton Conference is just around the corner, scheduled for October 7, 2024, at La Shan...
Oct 01, 2024
-
NISTI-IIT Delhi Joint Conference on Sustainability in Textiles and Clothing
Emerging Trends in Fibers, Fabrics, Processes, and Fashion
Sep 30, 2024
-
ICAHT-2024: OGTC
23 September 2024, Mumbai
Latest Publications
