72% cash-on-delivery orders on Zomato paid via Rs 2,000 notes since May 19

Food delivery platform Zomato on Monday said a whopping 72 per cent of users that opted for cash on delivery option while ordering their food paid with Rs 2,000 notes since the Reserve Bank of India (RBI) announced the withdrawal of these notes on May 19.

The central bank has given a deadline of September 30 to exchange the Rs 2,000 notes at bank branches across India. It, however, iterated that the note will continue to be legal tender.

The daily cap for exchanging the notes has been fixed at Rs 20,000.

The bank customers are allowed to deposit any number of Rs 2,000 notes in their bank accounts and then later withdraw them.