Snapdeal Launches “Wallet on Delivery” Via Freecharge For COD Orders

3 min read

Did you change the Rs 500 and Rs 1000 notes in your wallet? It’s time to go cashless for everything. We are used to with getting items from ecommerce companies on COD (cash on delivery) mode. But this time, we are in big trouble because all the old notes of 500 and 1000 have been cancelled from transactions by order of the Government of India. So the delivery men will not accept the notes.

Many customers who placed orders against cash on delivery cancelled their orders. But if you have placed any order from Snapdeal, then you can pay with Freecharge wallet. Freecharge is a mobile wallet company that was acquired by the Snapdeal. Snapdeal is using this way to collect the price of the items from the customers.

How to pay with Freecharge wallet on delivery

  • Add money to the Freecharge wallet from your bank account using net banking.
  • When you receive the item from the delivery man, an official PIN will be given to transfer the said amount on the package.
  • Once you type the PIN, the amount will be automatically deducted from the Freecharge wallet.
  • Once you paid the amount, both of you will receive SMS of confirmation. It’s very simple.

Snapdeal thinks that it will resolve the cash handling hassles. On the other hand, Paytm has started to implement the same idea. They are calling it POD (Paytm on delivery). The idea is as same as the idea Snapdeal is following right now.

Other ecommerce giants like Amazon and Flipkart have not announced anything yet. But Flipkart and Amazon both hung a notice that they will not collect cash with 500 or 100 notes. It’s time to see how they keep their business going on though banks and ATMs will start cash dispensing from today onwards.

Snapdeal is offering 10% instant discount on online payment via net banking to discourage COD.

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