E-commerce companies stopped CoD option
E-commerce companies such as Amazon India and Flipkart was taken back after PM Narendra Modi‘s bold move to demonetize Rs.500 and Rs 1,000 notes from midnight.
Most e-commerce websites are large proportion of buyers who are opting for Cash on Delivery (CoD0 as preferred payment option. As notes going out of circulation, major e-commerce companies have stopped CoD option while other services are said to be encouraging their customers to choose online payment option.
The likes of Amazon India and Flipkart have halted the option of paying for a product using the cash on delivery option.