Snapdeal Will Deliver Cash to Your Doorsteps for Re.1

Prayank

Snapdeal has come out with a new service which will help you during this cash crunch following demonetisation as the e-commerce company has launched its cash delivery service in Gurgaon and Bangalore.

shutterstock_245207752

The company is going to deliver cash at your doorsteps in its cash@home initiative and will be using cash accumulated from its Cash on Delivery payment method to fulfil this service.

A maximum amount of Rs.2000 can be ordered from the service and a nominal charge of Re.1 will be levied on your card.

Customers can use either Freecharge or debit cards of any bank to book their order. Once your card/mobile wallet has been charged, cash will be delivered to your doorsteps.

Update: Snapdeal has confirmed that cash@home will only be available via their Android, iOS and Windows application.

Some reports also claim that the delivery personnel will carry a POS machine alongwith and you can swipe your ATM to obtain the cash at your doorsteps.

Rohit Bansal, Co-Founder, Snapdeal said, “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.”

The company is charging a nominal fee for the services which should help consumers in these tiring times, and also Snapdeal’s public image.

You don’t even have to order anything else to obtain this service — simply book for cash@home.

This service is currently being tested out in Bangalore and Gurgaon and depending on the response from the customers, this service might be extended to other cities countrywide soon.

“The service is a goodwill gesture by Snapdeal to allow users to easily access cash without having to queue up at their bank or at the ATMs. We will charge a nominal amount of one rupee as a convenience fee, which will need to be paid through FreeCharge or debit card at the time of booking the order,” the company stated.

Demonetisation has caused serious concerns and this comes as a welcome move from the online marketplace which boasts of 60 million users on its platform — a number that’s sure to rise after their cash@home initiative.

Also See
#finance #Tech

Join the newsletter

Prayank

Written By

Prayank

Bike enthusiast, traveller, ManUtd follower, army brat, word-smith; Delhi University, Asian College of Journalism, Cardiff University alumnus; a journalist breathing tech these days.