Flipkart to offer instant refund for Visa debit card customers
Posted on: 31/Mar/2017 12:21:13 PM
Flipkart has announced that customers using Visa debit cards can get instant refunds for purchases made with Visa debit cards. Aiming to improve process efficiencies and give the customers a hassle-free experience, Flipkart and Visa have together worked on the new facility, reads a statement.
Visa partners with various financial institutions, merchants, start-ups and developers and produce cutting edge solutions to meet Indian customers’ needs.
In the Indian ecommerce industry, we believe refund solution to be an effective differentiator. This will improve customer confidence which in turn will elevate preference towards online commerce, said T.R Ramachandran, Group Country Manager of Visa in India and South Asia.
Online shoppers who pay using Visa debit cards will be eligible for instant refund credit which was earlier 2 to 7 working days.
Kalyan Krishnamurthy, the CEO of Flipkart said they have partnered with Visa as a move to provide better services to customers and ease online shopping.
Who are eligible?
Anyone who uses Visa Direct debit card from banks like ICICI, Standard Chartered, Bank of India, Federal Bank, IDBI Bank, The South Indian Bank, SBI, and Bank of Maharashtra can avail instant refunds.
