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Amazon is gearing up for the Christmas season by allowing customers to get instant vouchers for trading their unwanted possessions.

The U.S. retail giant has long-offered a trade-in option in exchange for gift card credit, but now — with Christmas just 40 days away — its new ‘Instant Payment’ service lets you get your money right away… before you’ve even sent the item over. That down for its previous policy of 10 days.

There’s a small catch, the instant payment service is initially live for video games and related accessories only. But it is very easy to use.

Simply submit details of the item/items that you wish to return, after which gift card credit is immediately dispatched. You then have seven days to mail the item to Amazon, via a UPS location, using a printable, prepaid shipping label that is provided on the Amazon website.

Amazon stressed that trade-in values vary based on the condition of the item in question, but some rough prices for popular gaming products are as follows:

  • Nintendo Wii U Console: up to $150
  • Sony PlayStation 4 500GB Console: up to $170
  • Microsoft Xbox One 500GB: up to $115
  • FIFA 17: up to $25
  • Paper Mario Color Splash: up to $30
  • Gears of War 4: up to $26

 

The initiative will welcomed by many customers as the costly present-buying season approaches, but don’t bank on being able to spend your trade-in cash on the hottest thing in gaming now: an NES Classic. The much-sought-after Nintendo console is, well, much sought after… with its first batch selling out on Amazon last week in a matter of seconds. Luckily Amazon has plenty of other items on display.

More details on Amazon Instant Payment are here.

Source:  techcrunch.com

Categorized in News & Politics

The Digital Payments 2020 report by Google and BCG analyses the transformation in Digital Payments and its impact on the payment landscape in India.

Why digital payments are on the rise?

66% users like the convenience 48% users are lured by offers 75% merchants feel opting for digital payment will increase sales

What are the hurdles on the way?

50% users find it difficult to understand 50% users stopped using it because it is not accepted everywhere

By 2020

60% of digital payments value will be driven by physical points of sale 50% of person to merchant transactions will be worth less than Rs 100

 

http://retail.economictimes.indiatimes.com/news/e-commerce/e-tailing/more-than-50-of-indias-internet-users-will-use-digital-payments-by-2020-google-and-bcg-report/53483942

Categorized in Search Engine

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