The president of the National Council of Commerce and Services (Consecomercio), José Gregorio Rodríguez, forecasts a possible 10 % increase in sales in December.
Rodríguez referred to the last month of the year, when Christmas shopping boosts the market, while acknowledging that merchants face…
Read More...
Browsing Tag
merchants
Profit margins have fallen in some commercial sectors
In Venezuela, profit margins for businesses have fallen sharply, reaching between 5 % and 22 %, according to estimates by economist Leonardo Soto.
In an interview with Fedecámaras Radio, Soto stated: “In the context of an economy marked by…
Argentina moves towards dollarization of its economy
The dollarization of the economy in Argentina, promoted by President Javier Milei, is advancing rapidly. Now citizens will be able to pay in stores in pesos, the local currency, or in dollars, thanks to the legal provisions in force.
“So…
Cavecom asks merchants to respect the exchange rate of the Central Bank of Venezuela
The Venezuelan Chamber of Electronic Commerce asked service providers and merchants in the segment, as well as consumers, to respect the official dollar exchange rate established by the Central Bank of Venezuela.
According to the…
Mastercard and Bakkt partner to integrate digital currencies to their payment network
The companies Mastercard and Bakkt signed an agreement to integrate payments in cryptocurrencies, allowing the clients of the network to buy, sell and hold digital currencies in the Bakk wallet. Thus, the users of the platform have the…