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Return percentage and margins vary greatly among ecommerce portals depending on their business model and industry.
Return percentage can range from 5-30% depending on the product category and customer base.
Margins in ecommerce typically range from 10-30%, with some high-margin products like luxury goods or electronics.
Subscription-based models like Amazon Prime have higher margins due to recurring revenue.
Marketplace mo...
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posted on 19 Apr 2024
Payment flow for card transaction involves authorization, clearing, and settlement processes.
Customer initiates payment using card details
Merchant sends payment request to acquiring bank
Acquiring bank forwards request to card network for authorization
Card network checks with issuing bank for funds availability
Issuing bank approves or declines transaction
Authorization code is sent back to acquiring bank
Merchant complete...
Warehouse Manager
4
salaries
| ₹4.8 L/yr - ₹6 L/yr |
Head Ecommerce
3
salaries
| ₹10.2 L/yr - ₹18 L/yr |
TCS
Accenture
Wipro
Cognizant