Waiting in the queue outside an ATM for hours to withdraw money is the thing of the past, already! Now you get to tell the bank to deliver cash at your door step, much like your veggies and grocery.
Cash-on-delivery will now have a new definition, all thanks to a tie-up between Yes Bank and Grofers. Grofers is not a new name in the e-grocer category. The on demand e-commerce mobile and web application, is opening up a new avenue for people to get cash delivered at home by partnering with Yes Bank, the bank said in a statement.
The cash delivery service, open to all bank account holders has started today across Mumbai, Gurgaon and Bengaluru the plan is to add the other cities as well to the list.
The delivery of cash-at-home will be a simple process. Grofers customers, while ordering for groceries, can place a request for delivery of cash via a special code. Grofers delivery executives will be carrying a PoS machine powered by YES BANK, which can be used to swipe customers’ debit cards for seamless delivery of cash.
“Grofers is excited to partner with Yes Bank for delivering cash to our customers. While we are delivering daily essentials such as groceries and fruits & vegetables without cash; we cannot totally eliminate the need of currency notes as people sometimes require them for other reasons. This is our humble attempt to help our customers. Grofers delivery executives will carry PoS machines where customers can swipe and get cash within the comfort of their homes,” said Ashneer Grover, Chief Financial Officer, Grofers.
Asit Oberoi, Group President, Transaction Banking Group, YES BANK said “YES BANK has consistently focused on providing a superior, technology-driven banking experience to its customers. We are happy to partner with Grofers in an endeavour to enable greater convenience of transactions, payments by card on delivery and also to bring cash to customers at the same time, by providing seamless withdrawal facilities using YES BANK PoS machines.”
Since Demonetisation the app has made a rapid growth in its business. People prefer using this app to buy groceries, fruits and vegetables online.
Yes Bank said it remains fully committed to help realize the Government’s initiative to propel digital payments in India and move towards a ‘less-cash’ economy.
