Amazon, earlier this week, made an announcement to permit prospects to alternate their Rs. 2,000 notes. The assertion got here after the Reserve Financial institution of India on Might 19 determined to withdraw all of the Rs. 2,000 foreign money notes from circulation below its Clear Be aware Coverage. The central financial institution of India has introduced that the prevailing notes circulation might be deposited in financial institution accounts or might be exchanged by September 30.
As many individuals wrestle to get their notes exchanged or deposited within the financial institution, Amazon has rolled out an initiative to alternate the notes for his or her prospects. Based on the official statement by Amazon, the corporate will let prospects prime up their Amazon Pay balances utilizing Rs. 2,000 notes throughout cash-on-delivery orders. The leftover change might be loaded to the Amazon Pay pockets.
The e-commerce big has specified that prospects can deposit a most quantity of Rs. 50,000 per 30 days, together with notes of Rs. 2,000 denomination.
Easy methods to alternate Rs. 2,000 observe in India utilizing the Amazon Pay pockets:
Step 1: To start with, prospects want to finish video KYC on the Amazon app
Step 2: As soon as the KYC course of is completed, prospects can place a money on supply order
Step 3: Subsequent, prospects can hand over the money to supply agent on their order
Step 4: The supply agent will replace the remaining stability on the shopper’s Amazon Pay stability immediately
The quantity up to date on the Amazon Pay pockets can be utilized for on-line buying, or paying utilizing QRs, doing recharges, sending cash to family and friends or digital funds on apps like Swiggy and Zomato.
The ability to alternate or replace Amazon Pay stability with Rs. 2,000 observe is just accessible for KYCed prospects. Therefore, it will be important for the shoppers to get the KYC course of carried out earlier than initiating the alternate.
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