TIL Desk/Business/New Delhi/ Amazon customers can now use their Rs 2,000 notes to top up their Amazon Pay balances during cash-on-delivery orders, as it offers a doorstep solution to ease the stress of exchanging such currency. Customers can deposit cash of up to Rs 50,000 per month, including notes of Rs 2,000 denomination, Amazon said.
The cash load at doorstep service by Amazon Pay is helping consumers convert high-value notes for digital transactions. “Don’t stress if stores are refusing to accept Rs 2,000 notes for payments. “You can hand them over to an Amazon delivery agent during your next cash-on-delivery order,” Amazon said.
On May 19, the Reserve Bank of India announced the withdrawal of Rs 2,000 currency notes from circulation; the existing notes in circulation can either be deposited in bank accounts or exchanged by September 30. “With Amazon Pay’s ‘cash load at doorstep’ service, KYCed customers can hand over additional cash or leftover change to the delivery agent to load the same to their Amazon Pay balance during a cash-on-delivery order,” it said.
