Cash-on-delivery deals by Flipkart, Amazon not authorised: RBI
The RBI has said that e-commerce majors like Flipkart and Amazon are "not authorised" to collect money from customers on behalf of third-party vendors in cash-on-delivery (CoD) deals. Suggesting that it falls in a grey area, the RBI clarified it "has not issued any specific instruction in this regard". This comes in response to an RTI plea questioning the practice.