AMAZON DISCONTINUES ACCEPTING RS 2000 NOTES FOR CASH ON DELIVERY
The E-Commerce giant Amazon has declared that it will not accept ₹2000 banknotes for cash on delivery services. As mentioned in the FAQs on using Rs. 2,000 notes for Cash on Delivery (COD) Payments and Cashloads, Amazon has clarified that it will not accept Rs. 2,000 notes for Cash on Delivery (COD) Payments and Cashloads starting from September 19th, 2023. However, if the products are delivered through a third-party courier partner, then their own policies around the acceptance of Rs. 2,000 currency notes shall apply.
You can visit FAQs on using Rs. 2,000 notes for Cash on Delivery (COD) Payments and Cashloads – Amazon Customer Service for more information.
Reason Behind Amazon Discontinuing Rs 2000 Notes
The move is in accordance with the directions issued by the Reserve Bank of India on May 19, 2023. On May 19, 2023, Rs 2000 banknotes were taken out of circulation by the Reserve Bank of India. The Reserve Bank of India has advised people to deposit Rs 2000 notes in their bank account and swap them for notes of other denomination till September 30, 2023.
