New Delhi:- Amazon has announced a solution to facilitate the exchange of the soon-to-be-discontinued 2,000 rupee note. The Reserve Bank of India's decision to phase out these banknotes poses a challenge for individuals. In response, Amazon has enabled customers to top up their Amazon Pay balance using 2,000 rupee banknotes when placing cash-on-delivery orders.
Any remaining change will be credited to your Amazon Pay balance. To ensure a smooth process, Amazon has set a deposit limit of Rs. 50,000 per month, including his Rs. 2,000 note.
Funds in your upgraded Amazon Pay wallet can be used for a variety of purposes. You can use it to shop online, make QR code payments, top-up services, send money to friends and family, and make digital payments with apps like Swiggy and Zomato.
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With the convenience of your Amazon Pay wallet, you have the flexibility to perform a variety of transactions and enjoy a seamless digital payment experience.
The process to exchange the 2000 currency note has made so simple that anyone can access and do it properly.
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Firstly the user has to open the app and then initiate the video Know Your Customer (KYC) process then user has to complete the KYC process successfully as instructed by the app.
The user after should proceed the Cash on Delivery by placing an order and during the delivery provide the cash payment including the note of Rs. 2000 to the delivery agent.
The delivery agent will punctually update the users Amazon pay balance with the remaining amount if any.
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By following those steps one can conveniently exchange the Rs. 2000 note using the Amazon pay wallet.
This is how efficiently the currency note of Rs. 2000 can be exchanged and the user can be free of the note as the government has started to take back the note of 2000.