Government’s bold and brave move to weed out black money in India shocked everyone. Modi’s statement on the ban of Rs 500 and 1000 notes is a good move and by doing this e will have long-term benefits and growth in the economy. To support the government’s great move, all new e-commerce portals such as Amazon, Flipkart, and Snapdeal are in the first row.
Coming to the details the decision of banning Rs 500 and Rs 1000 notes might not cause inconvenience to persons in the long term, but a working class and small business people may suffer from this. However, PM Narendra Modi decision on the ban of Rs 500 and Rs 1000 hits popular online shopping portals.
Latest news is that online shopping websites have taken decisions to follow Government movie to brawl Rs. 500 and Rs. 1000 currency notes. Latest update is that Amazon India has stopped Cash on Delivery (COD) option for all the orders.
Apart from Amazon, leading E–commerce portals Flipkart and Snapdeal had restricted the COD option to Rs. 2000 only. If you put orders for more than 2000, you won’t get the COD option for your orders. All these online shopping portals are asking its users to choose a different option rather than COD.
Flipkart, Amazon, and Snapdeal have also sent a message to customers that their delivery people won’t accept Rs 500 and Rs 1000 notes from now. Not only e-commerce portals, food delivery agencies like Swiggy, Food Panda and successful transportation network companies like Uber and Ola are also not accepting Rs 500 and Rs 1000 notes due to the ban.