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Many began lining up outside this bank in Gurgaon near New Delhi even before it opened its shutters to exchange notes that have been scrapped. (A. Pasricha/VOA) (Representational image)

December 22, 2016: India’s one of the leading online marketplaces, Snapdeal recently announced the launch of “Cash@Home” service; it will allow the users to order cash and they will deliver it the doorstep. The service started in Gurugram and Bengaluru and will be starting soon in the major cities as well.

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Snapdeal’s service is a good gesture by which people will be able to access cash easily without queuing up at the bank or at the ATMs

They will operate it with the cash they will collect through Cash on Delivery (CoD). For the service Snapdeal be will be charging a nominal fee of Rs. one as convenience fee, which will have to be paid through FreeCharge or through a debit card while booking the order.

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According to ANI, “A user can request Rs. 2000 per booking and any bank’s ATM card can be used to pay for the cash. The customers are not obligated to order anything else from Snapdeal to access the “Cash@Home” facility.”

The consumers will need to swipe their ATM card on the PoS machines, at the time of CODs which Snapdeal’s courier partners will carry for all such deliveries. The courier person will be handing over Rs. 2000 in cash, once the transaction is complete.

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The co-founder Snapdeal, Rohit Bansal said, “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.”

prepared by NewsGram team


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