Snapdeal will now deliver cash at your doorstep under a new service dubbed as Cash@Home. The company says it has launched the service as a goodwill gesture which will allow people to access cash without having to queue up at their bank or at the ATMs. Snapdeal will be using the cash that it receives through Cash on Delivery (CoD) to operate this facility.
In order to get cash delivered from Snapdeal, users will have to pay a convenience fee of Rs. 1 through FreeCharge or a debit card at the time of booking the order. At the time of cash delivery, 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 INR 2000 in cash.
A user can request INR 2000 per booking and any bank’s ATM card can be used to pay for the cash. It must be noted you don’t need to order anything from Snapdeal in order to avail the Cash@Home facility. The service is already live in Gurgaon and Bangalore and will be extended to other major cities in the coming days
Rohit Bansal, Co-founder, Snapdeal said in a blog post,
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.
The latest move from Snapdeal is a welcome move considering the current situation of demonetization.