Car makers tied up with e-wallets firms to offer cashless facilities


To charm clients post demonetisation, automobile producers Renault, Nissan and Honda have tied up with banks and e-wallets firms to offer cashless facilities and completely financed auto loans. Renault India has declared cashless exchange for clients making vehicle buys and profiting after-sales services.

In order to facilitate bookings and cashless payments,the organization, which offers models like Kwid and Duster, is offering clients an alternative of paying the booking amount through PayTM and HDFC PayZapp e-wallets.

"This is a key move by Renault to influence the developing inclination for cashless exchanges in India. Notwithstanding this, Renault India is putting forth 100 for every penny on-street subsidizing over Renault's item range to its planned clients," the organization said in an announcement. Renault is likewise augmenting cashless alternatives, for example, utilization of checks and request drafts, e-wallets, charge or Visas and moment finance exchanges for every single after-deal administrations.

"All these facilities will be accessible without charging any extra transaction expense," it included.

So also, Japanese auto producer Nissan and its brand Datsun's merchants are tolerating cashless exchanges, for example, checks, debit or credit cards, and e-Wallets to buy parts or services.

And the organization gives free towing of Nissan and Datsun vehicles which are under guarantee or service agreement, guaranteeing client comfort if there should be an occurrence of crises.

"We need to guarantee a delightful client benefit involvement for each Nissan and Datsun client when they enter a dealership by giving the most ideal support and accommodation," Nissan Motor India Managing Director Arun Malhotra said.

Honda Cars India too has reported a tie-up with HDFC, Axis Bank and ICICI Bank to give up to 100 for every penny credit to planned clients.

The Japanese auto producer's course of action with the three driving banks incorporates ex-showroom and on-street financing for its different models.