Magicpin slashes platform fee to Rs 5 per delivery

Hyperlocal e-commerce app magicpin has slashed platform charges to Rs 5 per delivery, half of the fee set by its competitors, a top company official said on Sunday.

Around two weeks back, Zomato and Swiggy raised platform fees in the range of 42-67 per cent per delivery.

Magicpin founder and CEO Anshoo Sharma, on social media platform X, announced the reduction in platform fees applicable for deliveries during the present calendar year.

“We can find a balance towards the welfare of our delivery heroes and our customers during festive seasons.