Snapdeal has decided to help the citizens of India in this time of cash crunch. They have decided to deliver cash to the homes of people via its Cash@Home service. Apparently, Snapdeal will utilise the cash received through COD to distribute it to the public. Snapdeal will deliver cash to your home even if you do not order anything from the website.
The tech startup will charge a mere Rs. 1 as convenience fees for this service. You do not need to buy anything from the website in order to avail this facility. A user can order Rs. 2000/- cash at a time by using any bank’s ATM Debit card or Freecharge wallet.
As per a report by India Today, Rohit Bansal, founder at Snapdeal 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.”
Several retail companies like Big Bazar are also providing cash services to users by swiping cards at their POS systems. However several customers complained that only selected debit cards were being accepted.