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Search resuls for: "Amazon Pay"


13 mentions found


☆ India cenbank imposes penalty on Amazon Pay for non-compliance
  + stars: | 2023-03-03 | by ( ) www.reuters.com   time to read: 1 min
BENGALURU, March 3 (Reuters) - The Reserve Bank of India said on Friday it imposed a penalty of 30.7 million rupees ($374,770) on Amazon Pay Private Ltd for non-compliance with directions on prepaid payment instruments and Know Your Customer (KYC) rules. "This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the entity with its customers," the RBI said in a statement. Amazon Pay is an online payments processing service owned by Amazon.com Inc (AMZN.O). ($1 = 81.9170 Indian rupees)Reporting by Chris Thomas in Bengaluru; Editing by Savio D'SouzaOur Standards: The Thomson Reuters Trust Principles.
☆ Amazon Corporate Workers Face Pay Reduction After Shares Slip
  + stars: | 2023-02-20 | by ( Dana Mattioli | Sebastian Herrera | ) www.wsj.com   time to read: 1 min
Amazon is in the midst of one of the toughest financial stretches in its history. The steep decline in Amazon .com Inc.’s stock over the past year is roiling the technology company’s stock-heavy compensation plan, resulting in employee pay coming in significantly lower than target compensation, according to people familiar with the matter. Amazon pays its corporate employees a large chunk of their annual salaries in restricted stock units, and a prolonged slump in the company’s shares is causing pay for 2023 to be between 15% and 50% lower than the projected targets Amazon gave to employees, some of the people said.
☆ Can you use PayPal on Amazon? Not directly, but try 2 workarounds instead
  + stars: | 2022-12-21 | by ( Devon Delfino | Read More | Read Less | ) www.businessinsider.com   time to read: +4 min
Amazon doesn't let you pay with PayPal directly, but you can use the PayPal Cash Card to make purchases. Since it's a debit card, not a credit card, you need to have a balance on your PayPal account to use a PayPal Cash Card. To apply for a PayPal Cash Card, simply go to this link, log in to your PayPal account, and follow the on-screen prompts. Buy Amazon gift cardsOne of the easiest ways to use PayPal to buy from Amazon is to purchase Amazon gift cards with your PayPal account. Just as with PayPal, Amazon Pay is accepted by numerous third-party retailers, letting you use Amazon payment methods beyond the immediate orbit of Amazon itself.
☆ Amazon workers protest at some German, French sites on Black Friday
  + stars: | 2022-11-27 | by ( Rachel More Mathieu Rosemain | Rachel More | Mathieu Rosemain | ) www.reuters.com   time to read: +4 min
Amazon France said there had been no sign of disruption to operations so far. Two French union officials said they were not expecting a big turnout because the rising cost-of-living was driving employees to seek overtime. "As an employer, Amazon offers great pay, benefits and development opportunities - all in an attractive and safe working environment," a spokesperson for Amazon in Germany said in a statement. [1/6] French CGT union members demonstrate in front of the Amazon logistics center in Bretigny-sur-Orge, near Paris, as part of a global day of actions against Amazon on Black Friday, France, November 25, 2022. Workers at a warehouse in the western city of Koblenz were seen standing outside near a red-and-white banner that read "We're on strike" in German, French and English.
☆ Amazon workers strike in the US and 30 other countries on Black Friday in global 'Make Amazon Pay' campaign
  + stars: | 2022-11-25 | by ( Hayley Cuccinello | ) www.businessinsider.com   time to read: +4 min
Protests by Amazon workers and allies were planned in 30-plus countries on Black Friday. The Make Amazon Pay campaign comes as Amazon faces unionization efforts across the globe. The campaign is led by Make Amazon Pay, a coalition of 70 trade unions and organizations including Greenpeace, Oxfam, and Amazon Workers International. Protests were planned in more than 30 countries, including India, Germany, and Japan, according to Make Amazon Pay. Gig Workers Association (GigWA) in association with Amazon Warehouse workers and Hawkers Joint Action Committee participate in a protest in New Delhi, Friday, Nov. 25, 2022.
☆ Amazon workers called to strike across globe on Black Friday
  + stars: | 2022-11-25 | by ( ) www.reuters.com   time to read: +1 min
BERLIN, Nov 25 (Reuters) - Workers at Amazon (AMZN.O) sites across the globe, including in the United States, Germany and France, were expected to go on strike on Black Friday, targeting the online retailer on one of the busiest shopping days of the year with calls for better pay. A global call for strike action came from the Make Amazon Pay initiative, which listed industrial action planned in over 30 countries across the globe. A spokesperson for Amazon in Germany would not immediately comment on the demands when contacted by Reuters. "This is the first time that Amazon has had an international strike day," said Monika Di Silvestre, Verdi's representative for Amazon workers. "This is very important, because a major global corporation like Amazon cannot be confronted locally, regionally or nationally alone," she added.
☆ UK strikes: Nearly 200,000 British workers are striking on Black Friday
  + stars: | 2022-11-25 | by ( Hanna Ziady | ) edition.cnn.com   time to read: +6 min
Postal workers are planning further strike action for November 30 and December 1, following walkouts in August and September. “Customers should expect delays to items posted just before, during or just after strike action,” Royal Mail said in a statement. Amid worker strikes, Royal Mail vehicles remain parked at the Tonbridge Delivery Office in Kent, England on November 24, 2022. Strike action will also add to losses facing companies and could prompt further job cuts. Royal Mail says it has not yet been formally notified of these dates.
☆ You can now use Venmo to pay at Amazon — but if you value credit card rewards, you probably shouldn't
  + stars: | 2022-11-22 | by ( Joseph Hostetler | Credit Cards Reporter | Read More | ) www.businessinsider.com   time to read: +12 min
Venmo will not allow you to pay Amazon with a credit card, handcuffing its potential for rewards earning. The most recent addition is Amazon; Venmo is officially an option when paying for your Amazon cart. If possible, you should always be using a rewards credit card for Amazon purchases. To be clear, you cannot pay for Amazon purchases with a credit card through Venmo. Instead of making purchases with a payment method that won't yield any return, pay Amazon directly with a rewards credit card instead.
☆ Amazon salaries revealed: See how much engineers, data scientists and thousands of other employees at the e-commerce and cloud giant make
  + stars: | 2022-10-03 | by ( Diamond Naga Siu | Katherine Long | ) www.businessinsider.com   time to read: +2 min
We analyzed thousands of H-1B visa applications to get a sense of how much Amazon pays employees. Amazon surprised employees earlier this year when it announced big raises, more than doubling its base salary cap and boosting salary ranges for many roles. A good deal of the value of those new compensation packages was tied to Amazon stock, which has plunged more than 30% in the past six months. Insider combed data from the office, which authorizes hiring non-US employees, then publicly releases the data. Here's a breakdown of what Amazon pays many other employees.
☆ New minimum tax could hit Berkshire Hathaway and Amazon hardest, study shows
  + stars: | 2022-09-25 | by ( Jack Stebbins | ) www.cnbc.com   time to read: +1 min
Berkshire Hathaway Chairman Warren Buffett seen at the annual Berkshire shareholder shopping day in Omaha, Nebraska, U.S., May 3, 2019. Researchers applied the Inflation Reduction Act's new 15% corporate minimum tax onto 2021 company earnings and found that the burden would only be felt by about 78 companies, with Berkshire Hathaway and Amazon paying up the most. The study from the University of North Carolina Tax Center used past securities filings to map the tax, which goes into effect in January, onto companies' 2021 earnings. Berkshire led the estimated payout with $8.33 billion, and Amazon follows behind with $2.77 billion owed based on its 2021 earnings. President Joe Biden signed the minimum book tax into law, along with the rest of the Inflation Reduction Act, in August.
☆ WhatsApp Pay India head quits, joins Amazon -source
  + stars: | 2022-09-22 | by ( ) www.reuters.com   time to read: +1 min
REUTERS/Dado Ruvic/IllustrationRegister now for FREE unlimited access to Reuters.com RegisterBENGALURU, Sept 22 (Reuters) - The head of WhatsApp's India payment business, Manesh Mahatme, has quit and is joining Amazon India, a source told Reuters on Thursday. Mahatme has joined as director of product in the e-commerce division of Amazon in India, the source said. He joined WhatsApp Pay in April 2021 after serving as a director. Mahatme was also on the board of Amazon Pay India between 2014 and 2021, according to his LinkedIn profile. Register now for FREE unlimited access to Reuters.com RegisterReporting by Aditya Kalra in New Delhi; Writing by Anuran Sadhu; Editing by Saumyadeb ChakrabartyOur Standards: The Thomson Reuters Trust Principles.
☆ Why tech workers are quitting great jobs at companies like Google to fight climate change
  + stars: | 2022-07-26 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com   time to read: +14 min
"What bigger problem is there to solve for our generation than climate change?" Not only is climate change an existential-level threat to humanity, it is especially dangerous for the poorest communities around the world. "Eventually, it just got to the point where I couldn't justify to myself why I'm still doing something that isn't climate," Kirpichov told CNBC. "It turns out that there are just so many people who are in the same boat," Kirpichov told CNBC. We know Southeast Asia is going to get hit really hard with climate change.
☆ An Amazon Flex delivery driver in his 60s making $120 a day shares what it's like to work independently for the retail giant
  + stars: | 2021-11-24 | by ( Jacob Swanson | ) www.businessinsider.com   time to read: +7 min
A quick internet search will turn up numerous driving jobs at Amazon Delivery Service Partners. Amazon Flex, a program where drivers use their own cars for deliveries, is recruiting in over 80 cities. (Editor's note: The writer of this article drove for Amazon Flex from August to October.) "Launched in September 2015, Amazon Flex gives individuals the opportunity to set their own schedule, be their own boss, and earn great pay while delivering packages for Amazon. Amazon Flex delivery partners across the US have competitive earnings that exceed $26 per scheduled hour on average," Amazon Spokesperson Maria Boschetti told Insider.
Persons: —, Maria Boschetti, who's, It's, Amazon's Boschetti, doesn't, That's, he'd, you've Organizations: Service, Amazon Delivery, Partners, Amazon, Amazon Flex, Business, Flex, Connecticut, Foods
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