To recall, Yesterday, Prime Minister Narendra Modi banned 500 and Rs. 1000 notes in India to stop black money crisis. Although that argument remains open, the fact is that the next few days are going to be quite inconvenient. With a clear majority of online transactions in India taking place on the basis of cash on delivery, many people were wondering how they would pay for their deliveries with the Rs. 500 and Rs. 1000 notes no longer legal tender.
As per gadgets360 report, cash on delivery is being severely limited across the board. Amazon, for example, shows the message: “We have disabled COD for you to save cash for essential payments”.
Moving to other e-commerce sites, Flipkart shows a message stating that cash on delivery is not available – but we noticed that this message was only shown for items priced above Rs. 2,000. Snapdeal on the other hand also does the same, but additionally, displays a message reminding people that Rs. 500 and Rs. 1000 notes will not be accepted for deliveries.
However, vision is not clear how long the problems will remain, but we are hoping all the issues will solved very soon.