Does flipkart support cash on delivery?

Amazon, Flipkart, 1MG have all suspended the cash on delivery (CoD) option, as per a report in the Economic Times. This is basically to avoid any contact between their delivery executives and the customers. The delivery executives carry a card swiping machine or accept cash and deliver the packets.

Why Flipkart has stopped cash on delivery?

Immediately after the government’s demonetization move, Flipkart — along with other leading e-tailers — had decided to temporarily suspend its COD services. “Flipkart took the initiative to provide every possible facility for a smooth and seamless order processing.

Why is cash on delivery good?

For businesses, the main benefit of COD is that the payment period is shorter, and there is no delay in the receipt of cash. This protects businesses from the risk that a customer will not pay or pays late for goods and ensures reliable cash flow. For consumers, COD gives them additional time to fund the full payment.

Does flipkart accept UPI on delivery?

Flipkart has announced a new ‘pay-on-delivery’ technology will allow users to scan the QR code attached to their purchase and make a digital payment for their order using any UPI app. Flipkart on Monday launched a contactless, QR-code-based payment facility for all its pay-on-delivery shipments.

Is there cash on delivery option in Amazon com?

About Pay on Delivery. Pay on Delivery is available as a payment method for all items that are Fulfilled by Amazon, Prime Eligible and some seller fulfilled items. Pay on Delivery orders can be paid using cash or via SMS using Amazon SMS Pay link.

Is Cash on Delivery available on Swiggy?

You can pay by (i) credit card or debit card or net banking; (ii) any other RBI approved payment method at the time of booking an Order; or (iii) credit or debit card or cash at the time of delivery.

Is cash on delivery a good strategy for ecommerce business?

COD has helped e-commerce grow, but it does have pitfalls. It can be expensive for the seller if the buyer returns a product, as the company pays two-way courier charges. The return rates in online shopping in COD transactions averages around 40 per cent, the E&Y report says.

Why cash on delivery is not good?

Vulnerable to Losses. One of the challenges with cash on delivery is that it makes the seller vulnerable to losses when the customer returns the product without paying for it. You spend all the money to deliver the product, but ultimately it got replaced. This adds to your revenue loss.

Why do people choose COD?

No online payment frauds Security can be maintained in case of cash on delivery. You do not have to divulge any financial information, such as debit card, credit card, or bank account details to the seller. This is one reason why lots of customers prefer CoD as the preferred mode of payment.

How Flipkart’s cash-on-delivery strategy works?

For the first time ever, Flipkart introduced Cash-on-Delivery — enabling customers to pay for orders in hard cash at the time of delivery. This wasn’t an easy game to execute, since most courier-partners were not prepared either in terms of systems or capability to support it. The move worked for Flipkart.

Can I get a refund on a cash-on-delivery order from Flipkart?

Chasing after a refund on a cash-on-delivery order can be harrowing. Not at Flipkart, thanks to the new IMPS policy. Read more It is every online shopper’s worst nightmare to have to return a product and then follow up with the retailer to ensure that your account has been credited with the appropriate amount.

What is cash on delivery (COD) in India?

COD (Cash on Delivery) – The concept that was pioneered by Flipkart has changed the game of e-commerce in Indian Market. A customer that would like to place an order on COD can place orders that do not exceed 50,000 Indian Rupees (Approx. $700).

Why Flipkart is the best place to buy from?

Since the initial launch in 2007, Flipkart has built a sound relationship for their loyal customers and followers. Flipkart ensures to provide its customers with the best deals and offers that are more beneficial as compared to other competitive companies.