The recent demonetization act in India has sent ripples all across the nation, and while people are struggling to get their old notes converted, mobile payment systems like PayTm and MobiKwik has quickly offered solutions for a “cashless India”.
Freecharge (owned by Snapdeal), today announced their brand new feature ‘Wallet on Delivery’. This new features will allow customers to pay through the Freecharge wallet app instead of cash when anything is ordered online from sites like Snapdeal.
It’s essentially the same thing as cash on delivery. The difference is that, instead of paying cash on delivery, you can now pay with your mobile wallet. All you got to do is load up your PayTm wallet all the time with enough money!
I think these are interesting things unfolding in India now. Personally, I don’t like carrying wads of cash. While in the US, at any time, other than the change in my car, there wouldn’t be any cash in my wallet. But when going to India, things don’t work that way. Got to carry bundles of cash all the time and how inconvenient a thing that is.
So more companies like Freecharge and PayTm coming up with innovative ideas to go cashless, is not only good for the company, but making life easier for people.