"This is a great move from the Modi Government. It will definitely bring about a sea of change in the way transactions are done in India. And help strengthen the economy by wiping out black money and fake notes. While e-comm companies that see a huge chunk of payments happening through Cash on Delivery mode will face some challenges in the initial few days, in the long run this move will only bring about positive changes." - Manoj Gupta, CEO and Co-Founder, Craftsvilla
Feel free to call if you need any additional information. Craftsvilla can share a perspective on the impact on ecommerce, consumers, sellers, and start-up ecosystem.