Amazon and Visa have reached a “global agreement” over the collection of credit card fees which will see the e-commerce company retreat from moves against the payments firm. Over the past 12 months, Amazon has threatened to pull Visa credit card services in the U.K., while also increasing surcharges by 0.5% on the cards in Australia and Singapore. The moves were in response to Visa increasing...
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AI Startups Are Trying to Make Usage-Based Pricing Happen
Tech waves have often brought along with them corresponding changes in business and pricing models. For instance, when companies moved from using servers in their own data centers to ones hosted by public cloud providers, they also switched from buying packaged software a la carte to subscribing to cloud-based software, leading to the much-loved SaaS model we see today.Now, VCs are telling me...
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