Snapdeal to allow payment by credit & debit cards on delivery

Snapdeal to allow payment by credit & debit cards on delivery
E-Commerce major Snapdeal will allow its users across 200 cities to pay through their credit and debit cards when they opt for pay-on-delivery option.

Currently, eCommerce websites in the country allow only cash on delivery (COD) payment option. "The solution has been developed in partnership with GoJavas. Now customers can select the pay by card on delivery option, just like they would for COD. We are rolling this out in 120 cities," Snapdeal Vice President Operations Ashish Chitravanshi told PTI.
In the next few months, the facility will be available to customers across 200 cities, he added.

The service is already available across metros and cities like Agra, Ahmedabad, Ajmer, Aligarh, Bareilly, Chandigarh, Darjeeling, Gorakhpur, Hisar, Kanyakumari and Ooty.
"Many times, customers complained about lack of change or not having enough cash handy, asking the delivery boys to come at a later time. We expect this facility to help them in this regard," he said.

Though he declined to comment on the volume of shipment the company handles on an average, its co-founder and COO Rohit Bansal said the company is looking at a 10X growth in the next 2-3 years, which will translate into delivery of about 80-100 million packages a month.

Snapdeal had also said it will invest USD 150-200 million (about Rs 940-1,250 crore) by March next year on expanding its delivery operations as the competition in the booming Indian eCommerce market heats up.

In March, it acquired a minority stake in logistics firm GoJavas.Under the service, GoJavas will equip its delivery staff to carry POS (transaction) machines to allow users to pay using their credit and debit cards.

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