Demonetisation has affected everyone in India. Online retail and online sellers have suffered major effects. For the common man, the shortage of cash and the long queues at banks ATMs have made it difficult to afford daily essentials. To make things easier on the public and to encourage spending, mobile wallets, EMIs other cashless means of payment are being heavily advertised.
To ease the demonetisation burden, Snapdeal decided to allow users to order cash on its website. On Thursday, the online marketplace introduced its ‘Cash@Home’ service.
“At Snapdeal, we aim to be the marketplace that seamlessly services every customer need. As the country transitions to a more digitally enabled economy, we’ve launched a series of timely initiatives – from wallet and card on delivery, to extending FreeCharge partnerships to smoothen this transition. The launch of the cash on demand service is intended to further help our consumers tide over any cash crunch that they might face in addressing their daily needs,” said, Snapdeal co-founder Rohit Bansal when speaking about their new service.
Order Cash@Home from Snapdeal
The Cash@Home service from Snapdeal is already available to users in Gurgaon and Bangalore for a nominal charge of Rs.1 as a convenience fee. The fee is payable through debit card or FreeCharge when the cash order is being placed.
The maximum cash order limit is Rs. 2,000. And, interestingly consumers do not have to purchase any products from the marketplace to avail of this feature.
At the time of delivery, a consumer must swipe his ATM card on the PoS machine that the Snapdeal courier partner will carry. Any ATM card will be accepted to pay for the cash ordered. After a transaction is completed successfully, Rs.2,000 will be handed over in cash by the courier person.
Snapdeal’s Cash@Home service will be made available in other major cities soon, claims the online marketplace. Operative details will be updated as per consumer feedback and availability of currency notes from COD order, which enable this facility.