The Changes Will Apply Across The Board To Small Businesses That Make $100,000 Or Less Annually, Eliminating The Complicated Fee Structure That Often Varies Between Clients.
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It was the second disclosure in as many days of Pruitt asking agency staff to do personal tasks for him. Democratic lawmakers released a transcript Monday of an interview with a top Pruitt aide who said the EPA chief asked her to reach out to the Trump International Hotel about buying a used mattress . Federal ethics rules bar government employees from using their positions for private gain and prohibit supervisors from directing their subordinates to carry out personal errands. EPA mails obtained by the Sierra Club under the Freedom of Information Act show Sydney Hupp, then Pruitt's scheduler, reaching out to Chick-fil-A executive Dan Cathy on May 18, 2017, for a meeting, at Pruitt's request, she wrote in the email. "The administrator didn't mention a specific topic but I will touch base with him to see if there is one," Hupp said in one email. She followed up the next day. "The administrator would like to talk about a potential business opportunity." Former EPA deputy chief of staff Kevin Chmielewski said in an interview Tuesday that Millan Hupp, also a top aide to Pruitt, told him that the administrator was inquiring about the possibility of his wife acquiring a franchise with the chain. He said Pruitt, Millan Hupp and "the Oklahoma people" were doing what they could to find a job for Marlyn Pruitt in the Washington area. Pruitt and his aides also put out feelers among government and private contacts about interior decorator work for Pruitt's wife, according to Chmielewski, who says he was fired from the agency after challenging some of Pruitt's spending.
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All rights reserved. Registration on or use of this site constitutes acceptance of our facebook linkedin twitter email copy link This story was delivered to Business Insider Intelligence " Payments Briefing " subscribers hours before appearing on Business Insider. To be the first to know, please click here . In an effort to compete with digital point-of-sale (POS) and processing firms like Square, Wells Fargo is planning to simplify the price of the fees it charges small businesses to accept credit and debit card transactions, reports Bloomberg . The changes will apply across the board to small businesses that make $100,000 or less annually, eliminating the complicated fee structure that often varies between clients. Danny Peltz, head of treasury management and merchant services at Wells Fargo, told Bloomberg that business customers will ขายตรงออนไลน์ also be able to apply online for payment processing capabilities. The SMB market provides a substantial opportunity for card players.More than 99% of business in the US are considered small- and medium-sized businesses (SMBs), making them a critical segment for payments firms. But many of these sellers likely don't accept cards — just 37% of SMBs use a POS system, according to TD Bank , which could indicate similar card acceptance rates. But as card usage in the US grows, and cards gain share on cash as users' top payment method, finding ways to accept cards will be more important for businesses across the space. That underscores the opportunity present for players to incentivize card acceptance among SMBs.
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"5G will enable a $27 billion business opportunity in India. Out of this $13 billion is the addressable revenue opportunity for mobile operators in the country," Ericsson India, Managing Director, Nitin Bansal told PTI. He said an Ericsson study for the Indian market on 5G business has found that in terms of industry segment manufacturing at $2.4 billion revenue will see the biggest opportunity. It will be followed by sectors like energy and utilities with potential of $2.1 billion revenue, public safety $1.6 billion and Healthcare at $1.6 billion. India is aspiring to launch 5G services at par with other technologically advanced nations after standards for the technology are finalised by United Nation's telecom body ITU in 2019. Bansal said Ericsson has started trials for advance technology with Indian telecom operators which will help them in transition from 4G to 5G using the spectrum in which they are providing mobile services. "Ericsson is currently doing Massive MIMO trials with Indian telecom operators. These products enable a smooth evolution from 4G to 5G. All radio products within Ericsson Radio System delivered since 2015 support 5G new radio capability through remote software installation. It enables fast and smooth migration to 5G in existing bands," Bansal said. According to Ericsson Mobility Report, India will have over 10 million 5G subscriptions by 2023.
For the original version including any supplementary images or video, visit https://www.firstpost.com/business/5g-mobile-services-to-offer-27-bn-business-opportunity-for-india-by-2026-ericsson-india-head-4478585.html

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