Japanese auto maker Nissan has announced cashless payment options for its customers’ after-sales needs in the wake of restrictions on cash transactions.
Nissan and Datsun brand dealers will accept cashless transactions such as use of cheques, debit or credit cards, and eWallets to purchase parts or services, according to a company statement.
In addition, the company provides free towing of Nissan and Datsun vehicles which are under warranty or extended warranty, ensuring customer comfort in the case of emergencies. Free pick-up and drop-off of vehicles are also provided by the dealers for transportation of vehicles to workshops.
“Our dealerships are equipped to support with a smile and a range of cashless services to brighten our customers’ day,” said Arun Malhotra, Managing Director of Nissan Motor India.
As cash circulation has slowed down significantly after demonetisation move by the government, businesses across sectors have declined in the range of 30–80 per cent in the first five days.
With consumers prioritising replacement/withdrawal/deposit of cash in banks/ATMs, there has been a marked footfalls decline in stores, malls, restaurants and showrooms, according to a report by Motilal Oswal Securities.
According to its information from the auto sector, demand/footfalls have declined anywhere between 40-80 per cent. While this situation might last for next few weeks, there is limited clarity on how demand would shape up post normalisation of liquidity.