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Paytm’s Cashback Promo Angers Vendors

May 06, 2016
Is Paytm breaking the rules with its cashback promotion? Some vendors in India believe so. As The Economic Times reports, All India Online Vendors Association (AIOVA) — which represents about 500 sellers in the country’s eCommerce space — has raised the possibility that the Alibaba-backed Paytm is violating FDI (foreign direct investment) guidelines by giving […]