Following the RBI’s ruling, e-commerce enterprises saw an upsurge in demand for cash on delivery. Customers were able to utilize their Rs 2000 notes in this way while sitting at home, in addition to making merchandise purchases. Clients were not required to visit the bank. Amazon no longer accepts the Rs. 2000 note, though.

Starting on September 19^th 2023, the online retailer Amazon will no longer accept Rs. 2,000 banknotes for its cash-on-delivery services.  The information is provided when the moment to exchange or deposit the Rs. 2,000 note gets nearby.

The general public will have access to the ability to swap or deposit Rs. 2,000 notes till September 30^th 2023. The current currency accepted by Amazon is Rs. 2,000 notes. On the other hand, beginning on September 19th, 2023, we will no longer take Cash on Delivery (COD) payments for goods placed through Amazon.

However, if an order is delivered by a third-party courier partner, the notes can be recognized as an acceptable payment option for cash on delivery. The Reserve Bank of India announced the retirement of the Rs. 2,000 banknotes in May, giving people till September 30^th 2023 to swap or deposit them. Following Prime Minister Narendra Modi’s midnight abolition of high-value Rs. 1,000 and Rs. 500 notes in November 2016, the Rs. 2,000 currency notes entered circulation.

Up to 93% of the Rs. 2000 currency notes in circulation on May 19^th, 2023 have now been returned to the banks, according to information provided by the RBI on September 1st. According to a statement from the central bank, up to August 31st there were 3.32 lakh crore worth of Rs 2000 banknotes that were returned from circulation.

The current deadline of September may be extended, if necessary, but even if someone has a Rs. 2,000 note after that date, it will still be accepted as payment. According to data from many banks, 87% of the banknotes in the denomination of Rs. 2000 that were returned from circulation are in the form of deposits, and the remaining 13% have been swapped for notes in other denominations.