Tag: merchants
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China Tightens Controls on Internet Platform Pricing Practices to Protect Consumers and Merchants
Overview: A New Framework for Platform Pricing China has introduced new rules aimed at governing the pricing-related practices of internet platform operators. The move signals a broader push to curb perceived abuses in online marketplaces, where dominant platforms can influence prices, terms, and conditions for merchants and consumers alike. The policy emphasizes safeguarding the interests…
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PayPal and OpenAI Sign ChatGPT Payments Deal to Expand AI Shopping
PayPal and OpenAI strike a milestone in AI-powered commerce PayPal has sealed a high-profile agreement with OpenAI to embed its digital wallet into ChatGPT, the leading consumer AI tool. The integration means that starting next year, users will be able to buy items discovered through ChatGPT using the familiar PayPal checkout experience, while merchants listed…
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Carouge Street Indemnisation: 3.3M for Merchants
Geneva Approves 3.3 Million Indemnity for Rue de Carouge Merchants The City of Geneva approved on Tuesday evening a 3.3‑million‑franc indemnity package to compensate merchants affected by the major works along Rue de Carouge. The funding is designed to offset the disruption produced by the street’s ongoing transformation into a pedestrian-friendly corridor with increased greenery,…