Snapdeal follows Ola Cabs’ steps, offers ‘Cash@Home’ service
With this move, Snapdeal has acted like a good Samaritan as users can get access to cash without having to queue up at their bank or at the ATMs.
“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,” 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,” he added.
Wondering how the Snapdeal will make this possible? Well, the Delhi-based startup will be using the cash that it receives through Cash on Delivery (CoD) to operate this facility. All you need to do to avail this service is just pay a nominal amount of Re 1 as convenience fee either through FreeCharge or via a debit card at the time of placing the order.
“At the time of cash delivery, the consumers will need to swipe their ATM card on the PoS machines, which Snapdeal’s courier partners will carry for all such deliveries. Once transaction is successful, the courier person will hand over Rs 2,000 in cash,” as per the statement issued by Snapdeal.
Now, if you are thinking that you can withdraw more money by using more than one ATM card, there is a catch here! In a span of 24 hours, one user can request only for Rs 2,000 per booking using only one ATM card of any bank. However, the interesting part is that the customers are not obligated to order anything else from Snapdeal to access the “Cash@Home” facility.
Mind you! The service is currently available only in Gurgaon and Bangalore and will be extended to other major cities in the days ahead, with the operative details to be updated as per user feedback and availability of currency notes.