
Flipkart begins QR-based pay on delivery for its costumers
CIOReviewIndia Team | Monday, 07 June 2021, 10:31 IST
Flipkart launched a contactless, QR-code based payment facility for all its pay-on-delivery shipments.
Consumers who earlier opted for cash on delivery can now make use of this facility, scan the QR code attached to their purchase and make a digital payment for their order through any UPI app at the time of delivery, the company stated in a statement.
"While the pandemic has urged several consumers to make a shift to online shopping, some trust deficit during checkout remains in pockets. With 'pay-on-delivery' technology, we want to make sure that customers have peace of mind with their payments and at the same time can shop within the safety of their homes," said Ranjith Boyanapalli, Head, Fintech and Payments Group at Flipkart.
The number of UPI-based payments has witnessed a steady rise over the years.
The pandemic has also accelerated the adoption of UPI payments, with 2.64 billion transactions recorded in April this year, a 100 per cent increase over the previous year, according to data by the National Payments Corporation of India (NPCI).
The new QR-based payment facility by Flipkart is expected to further reinforce consumer trust in digital transactions, enhance consumer safety and contribute to an overall increase in the adoption of digital commerce.
"The payment constructs and in-house fintech innovations of Flipkart are empowering new-to-internet customers and helping bring the next 200 million users to the platform," the company said.
With a registered customer base of over 300 million, Flipkart is offering over 150 million products across more than 80 categories.
CIO Viewpoint
AI Appreciation Day: Powering Smart Factories,...
By Janifha Evangeline, Editor, CIOTechOutlook
Why Foolproof Facial Recognition Is Key Against...
By Joseph Sudheer Thumma, Global CEO & MD, Magellanic Cloud
National Technology Day 2025: Powering Progress...
By CIOTech Outlook Team
CXO Insights
By John Quirk, Vice President of Network Operations, IAT Insurance Group & Manny Landron, Chief Information Security Officer, IAT Insurance Group
A 3-Pronged Framework To Ensure Smooth...
By Deepak Arora, VP - Technology, Publicis Sapient
The Benefits Of Cloud Email Security