Key Points
Amazon Inc on Wednesday said customers in India can use their 2,000 rupee notes and get it credited to their Amazon Pay balances...
Amazon said the move was meant to help people who had been struggling to exchange the notes for smaller denominations...
As per the notification issued by the RBI, the Rs 2,000 note is being taken out of circulation in pursuance of the clean note policy..
In a statement, Amazon Inc said that with its cash load at doorstep service, KYCed customers can hand over additional cash or leftover change to the delivery agent to load the same to their Amazon Pay balance during a cash-on-delivery order..
In a media interaction on May 22, 2023, RBI Governor Shaktikanta Das said that procedural elements post-September 30, 2023 deadline or possible deadline extension will be taken based on the number of Rs 2000 notes that come back from circulation...
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