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Snapdeal accepts cash on delivery

Demonetisation: Snapdeal now allow cash on delivery to improve sales

Demonetisation of Rs 500 and Rs 1,000 notes has shocked the nation. The currency ban of Rs 500 and Rs 1000 took the nation by surprise. We saw some far fetching effects including the brunt in the e-commerce space, considering many consumers still opt for Cash on Delivery. Now, Snapdeal has decided to bring in some additional measures to support its sellers, some of whom had Cash on Delivery (CoD) orders returned post the demonetisation announcement.

Snapdeal has now announced that the e-store will bear all the logistics and packaging cost for all CoD orders that were worth more than Rs 500 and have been returned by users in the week following the demonetisation (9-15 November, 2016).

Snapdeal had delivered 25,000 orders since morning using Freecharge’s wallet-on-delivery service as India faced cash crunch due to Prime Minister Narendra Modi’s demonetisation drive.

Freecharge is Paytm’s rival, owned by Snapdeal, which offers a mobile wallet that can be used to pay bills, shop online and offline. The wallet-on-delivery is an alternative for cash, which delivery personnel use to accept digital money.

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