Automotive Jul 28, 2021 11:56 AM (GMT+8) · EqualOcean
On July 28, Taobao tmall announced that from 0:00 on August 1, the credit collection service fees of all Taobao and tmall merchants on the platform will be reduced to 0.6%, and the debit collection service fees will continue to be free. This means that when consumers use debit card yu'e Bao and other funds for consumption, the merchant's service fee will continue to be free, and the fee will be borne by Taobao tmall platform. If consumers use money such as flowers and credit cards, the service fee of businesses will be cheaper. Public information shows that since 2021, Taobao tmall has introduced more than 20 measures to businesses to reduce business costs and improve business efficiency, including free business advice, reduced return freight insurance, free Taobao "three treasures and one coupon", etc. Compared with the payment rate of about 2% generally adopted by International Online Payment institutions, China's payment standard rate has always been at a relatively low level. On this basis, continue to reduce the payment rate, which is conducive to further reduce the operating costs of small and medium-sized businesses.

This text is a result of machine translation.