FLIPKART Money

It will be like cashback?

if we have flipkart WSR wallet then can that be transferred to bank

I hope people won’t start returning orders to get a refund in flipkart money so that they can transfer it to their bank account.

@superwoman wrote:

if we have flipkart WSR wallet then can that be transferred to bank

Can I transfer funds from Flipkart Money* in my Wallet? If yes, how much can be transferred?
Yes, you can transfer funds in your Wallet, as per the following conditions:
• Balance other than your restricted funds, like Token of Apologies, Cashbacks etc. is eligible to be transferred to your bank account. However, you cannot withdraw WS Retail Credit.
• Transfer Back to Source: Funds topped-up by you into Flipkart Money* in Wallet can be transferred to the original source within the first 90 days. After the 90-day limit, you can transfer the funds to any of your bank accounts.
• Transfer to a Bank Account: Funds can be transferred to your bank account using the Bank Account Number and Branch IFSC Code. NEFT is used to effect the transfer. You can transfer a maximum of ₹5,000 in a single transaction and a maximum of ₹25,000 in a month.
*Powered by FX Mart. T&C Apply.

@ranjithsai01 wrote:

I hope people won’t start returning orders to get a refund in flipkart money so that they can transfer it to their bank account.

Only orders placed through credit/debit card, net banking and COD will be refunded to flipkart money

@superwoman wrote:

if we have flipkart WSR wallet then can that be transferred to bank

Yes it can be transferred to bank.. dont know about charges

@ranjithsai01 wrote:

I hope people won’t start returning orders to get a refund in flipkart money so that they can transfer it to their bank account.

what’s the benefit in returning product back?

@getready wrote:

@ranjithsai01 wrote:

I hope people won’t start returning orders to get a refund in flipkart money so that they can transfer it to their bank account.

Only orders placed through credit/debit card, net banking and COD will be refunded to flipkart money

That would disappoint many. I had a cursory look at the FAQs and might have missed that point.

@kgntechpro78660 wrote:

@ranjithsai01 wrote:

I hope people won’t start returning orders to get a refund in flipkart money so that they can transfer it to their bank account.

what’s the benefit in returning product back?

Nothing important, just ignore it.

If they want a wallet it has to mandatorily able to pay third party bills/recharges like paytm and freecharge or ola money else forget it

@kgntechpro78660 wrote:

@superwoman wrote:

if we have flipkart WSR wallet then can that be transferred to bank

Yes it can be transferred to bank.. dont know about charges

nope it cannot be transferred to bank check the conditions

Did anyone try transferring to bank?

Also, can we add money to wallet?

Flopkart now trying to enter payment banking space, ala Paytm

I guess they’re bleeding left, right & center so this would be the logical next step to try & keep VC funds happy

Any updates?