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Monday, December 23, 2024

Are you struggling with your Rs 2,000 notes? Check out Amazon Pay’s ‘cash load at doorstep’ solution 

If you are struggling with the Rs 2,000 notes that you are having then Amazon Pay has a solution. The company has launched the ‘cash load at doorstep’ solution. 

Amazon Pay has introduced a solution called  ‘cash load at doorstep’ for those struggling with Rs 2,000 notes in the country.  Amazon Pay is the digital payment service provided by Amazon.

Customers may deposit these high-value notes into Amazon Pay since shops won’t take them. As part of its ‘Clean Note Policy’, the Reserve Bank of India (RBI) wants to abolish Rs 2,000 notes by September 30, 2023.

‘Cash load at doorstep’ solution:

Amazon Pay’s ‘cash load at doorstep’ function makes this possible. Amazon delivery agents can accept Rs 2,000 notes from KYC-compliant customers for cash-on-delivery orders. They can digitize high-value notes. 

How much money can Amazon Pay hold?

The user can deposit up to Rs 50,000 (cash) every month, including Rs 2,000 notes (which the Indian government has stopped).

Customers must pass a 5-10 minute Amazon app video KYC procedure to utilize this option. Customers can place another cash-on-delivery order after video KYC. They might give the delivery person Rs 2,000 notes to update their Amazon Pay balance. The customer’s account will update immediately after the purchase. Customers can then create a UPI handle on their Amazon Pay balance, allowing them to make payments using various methods such as scanning

Divya from Madurai, Tamil Nadu, liked the new solution. She described how she quickly added money to her Amazon Pay balance account and used it to shop on Amazon.

By launching the cash load at the doorstep solution, Amazon Pay is helps Indians who have Rs 2,000 notes. Customers may simply switch to digital payments and contribute to the digital revolution by putting these notes into their Amazon Pay balance using the cash load at doorstep solution.

Conclusion

Amazon Pay has launched a ‘cash load at doorstep’ solution for those Indians who are struggling with Rs 2,000 notes. The company’s digital payment service allows customers to deposit high-value notes into Amazon Pay, which can digitize them. Users can deposit up to Rs 50,000 (cash) every month, including Rs 2,000 notes, through the ‘Clean Note Policy’. After a 5-minute video KYC procedure, customers can place another cash-on-delivery order and update their Amazon Pay balance. They can also create a UPI handle on their Amazon Pay balance, enabling payments using various methods. This solution helps Indians who have Rs 2,000 notes switch to digital payments and contribute to the digital revolution.

Nitin Gohil
Nitin Gohil
A Mumbai-based tech professional with a passion for writing about his field: through his columns and blogs, he loves exploring and sharing insights on the latest trends, innovations, and challenges in technology, designing and integrating marketing communication strategies, client management, and analytics. His favourite quote is, "Let's dive into the fascinating world of tech together."

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