Sunday, March 11, 2012

eRupee- Do online shopping without Credit card Debit card,Internet banking

erupee is an initiative of Ideacts Innovations, headquartered in Pune and provides one of the safest and easiest ways to shop online.This company has also one innovative product for cyber cafe management software(iCafe Manager)  It allows customers to buy from shopping portals without sharing financial information like credit/ debit cards or any other net banking details. Customers can buy vouchers of any denomination from designated erupee Points using cash. The vouchers can then be used on within a period of 1 Year from the date of purchase. There are over 200+ erupee Points spread across Bangalore and Pune, with a national launch in 40 Cities, expected in March.

How can I buy a cash voucher powered by erupee?

It’s simple,
  • Visit an erupee point – you can use our erupee point locater to find one.
  • Ask the outlet manager that you wish to purchase a cash voucher of a given e-Commerce website.
  • Pay in cash.
  • And the voucher will be sent to you via SMS and email within minutes.
How do I use a cash voucher powered by erupee?
It’s quite simple,
  • Visit the e-Commerce website whose voucher you wish to use
  • Select the products you wish to purchase and continue to the payment page.
  • Here you will see a payment option called "Cash Voucher powered by erupee".
  • Select this option and continue to make the payment.
  • You will now be asked to put your voucher number and pin to complete the transaction.
If I cancel a flight ticket or bus ticket – how will I get my refund?
When an order is cancelled, the merchant website informs erupee that a refund has to be given to the customer. When we receive the refund we will automatically inform you via SMS and Email. You can then collect your money from the erupee outlet from where you placed the order.

Partners included as of now is very limited like REDBUS,Infibeam,Zapak,Quickheal,
As of now since there is limited partner and it is in just two State that is Maharashtra and Karnataka so it need more time to spread across India and to gain more partner to accept this e-Rupee. The most disappointing feature is that user has to look for Voucher Retailer shop in their city. There should be option to buy online e-Rupee Voucher.From the user who don't have DEBIT card or INTERNET banking they have good option to buy voucher by cash. Another feature that I did'nt liked that this voucher is having validity of 1 year.