Flipkart announced ‘Exchange Now, Handover Later’ Program

Flipkart, India’s homegrown e-commerce marketplace, has announced a unique ‘Exchange Now, Handover Later’ Program that gives customers great exchange value for their old phones and 10-days to handover their old phone after purchasing a new one on Flipkart. The program is valid across most smartphone brands and models across all price ranges and will be rolled out across the platform’s 15,000+ serviceable pin codes in the country. It is the first exchange program launched by a marketplace that gives customers the convenience of handing over the old phone 10 days after the purchase of the new phone.

Flipkart has launched an exchange program for smartphones, addressing customer apprehensions and roadblocks. To address this need, customers will be given a 10-day period to transfer their data from their old phones to the new ones without any new charges or hassle. Customers can also receive the payment either in the form of a Flipkart gift voucher or a direct transfer to their UPI ID/bank account. The payment will be completed within 48 hours after the old phone is handed over.

 Commenting on the program Adarsh Menon, Senior Vice President and Head New Businesses, Flipkart, said, “This program also helps in building a circular economy and reducing the carbon footprint by recycling used phones and responsibly disposing of e-waste.”