Wednesday 9 November 2016

Amazon stops CoD; Flipkart & Snapdeal caps transaction

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E-commerce majors Flipkart and Snapdeal on Wednesday put a cap ranging between Rs 1000 to Rs 2000 for new cash on delivery orders, while rival Amazon India completely stopped cash on delivery in their efforts to deal with the situation where Rs 500 and Rs 1000 notes have seized to be recognised as legal tender. "Currently, we have temporarily stopped cash as a payment option for new orders. 


Customers that had already placed cash on delivery orders before midnight 8/11 can pay for their orders using debit or credit cards or currency of valid denominations," Amazon said in a statement. "For future orders, we are working on alternatives to make doorstep payments easier for customers by introducing a variety of electronic payment options. We will shortly reintroduce cash payment on delivery and also provide an improved selection of payment methods - both online and at customers’ doorsteps to offer a seamless experience," it added.




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