Are Merchants Gaining Upper Hand in Online Marketplaces?
365 Retail
AUGUST 14, 2023
On one hand the marketplaces, on the other their merchant partners, with the issue of payments processes the chief bone of contention. This July, for instance, Etsy made the decision to withhold 75% of payments to merchants for 45 days in order to “keep the marketplace safe” and ensure sufficient cash for refunds.
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