India’s leading E-commerce company Snapdeal comes out with a welcome move to solve the problem of getting cash after the government’s move of demonetisation of Rs. 500 and Rs. 1000 currency notes. Snapdeal has launched the Cash@Home service to deliver cash at your doorstep. Company’s move will allow people to access cash without having to queue up at their bank or at the ATMs. In order to operate this facility and fulfill the cash demand, company will use the cash that it receives through Cash on Delivery (CoD) orders.
It’s also worth to mention here that you don’t need to order anything from Snapdeal in order to get cash delivered at your home. Sanpdeal’s Cash@Home service is already live in Gurgaon and Bangalore. The company will extend this to other major cities in the country in the coming days.
In order to get cash delivered at your home from Snapdeal, you have to pay a convenience fee of Rs. 1 through FreeCharge or a debit card at the time of booking the order. A user can request INR 2000 per booking. Consumers will need to swipe their ATM card on the PoS machines that the Snapdeal’s representative will carry at the time of cash delivery. Users can request for a maximum of Rs 2,000 per booking and use any bank’s ATM card in order to pay for the cash at your home.
Company’s Cash@Home facility is definitely a great move to solve the cash problem that people are suffering after demonetization. According to Snapdeal the Cash@Home service as a goodwill gesture to help people to support government’s move in order to make country a more digitally enabled economy.
Rohit Bansal, Co-founder, 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.