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COD Effect On Online Shopping – Alternate Ways to Make Paymet

Cash on Delivery (COD) means where payment is made in cash upon delivery of the item. It is also called collect on delivery. All the E Commerce websites are now offering Cash on Delivery. It is first started by Flipkart in the year 2007 in India. From then cash on delivery has become the backbone of E Commerce websites. Around 80% to 90 % of online shopping done is COD. However this scenario has changed now after Nov 8, 2016. Government of India demonetized Rs 500 & Rs 1000 notes with effect from Nov 8 Midnight. Since then business of all the E Commerce stores are affected in a large way. People don’t have immediate cash available for making cash on delivery purchase. Due to which even E Commerce companies had stop taking Cash on Delivery for some time and only online payment options was accepted. But now it has resume now. Although there has been an increase in the online transactions on E Commerce websites after the decision of demonetization was made earlier. But the cash on delivery of these E Commerce websites have dropped by almost 30% as mentioned by Flipkart CEO in an event as they had to face return of deliveries and cancellation due to shortage of currency in the market. You will be astonished to see that the sales of these E Commerce websites dropped only by 7-8%. The reason is simple as after demonetization where on one side Cash on Delivery dropped, pre paid order went up by 15-20%. India is moving towards digitalization with this move by prime minister said by leaders of online companies. 

However, in order to contribute to your savings on the purchases done on E Commerce websites there are various online offers, discounts, promo codes and coupons provided by various websites online. All these websites offer these discounts in different categories and one has to search various websites to get the best discounts. But this problem and pain of searching has been resolved by Fabpromocodes.in 

Fabpromocodes is a promotional website connecting consumers to the retailers and different brands online. You can find out all your daily needs items at this platform as more than 500 E Commerce companies like
Amazon, Snapdeal, Jabong, myntra are associated with it. There are various offers, deals, discounts codes and coupons available on this website which will helps you to save your money while buying anything online. By maintaining the quality of the coupons they make sure that the customers should not face any trouble. There are also latest deals available as per the categories. During the time of demonetizations when people are looking to cut down their expenses Fabpromocodes is offering you some relief by providing the discounts mention on their platform. 

Another feature of this platform provides you access to all the e wallets where you can recharge your various wallets and do shopping through e wallets also. It also provide you details about the online discounts offer by various banks through there debit and credit cards. If you are looking for exchange offers then also this website provides you with an option to exchange your old televisions, mobiles and laptops. The vision of
fabpromocodes is clear, transforming India into Digital India.


Posts by SpeakBindas Editorial Team.

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