Quikr — Unfair trade practices | |||||
I had purchased an item for Rs.3200 from quikr on 20.09.15, by accepting an offer and made payment online. The order was supposed to be confirmed by Quikr by next day. However, even after 4 days there was no confirmation from them. After calling quikr I came to know that they are not able to contact seller, so they are refunding my amount. Still I have neither received the refund advise from quikr nor the amount is refunded. There seems to be something wrong. As everyday, Quikr must be receiving numerous payments from buyers, on which Quikr must be earning return by investing the amount for the days it is lying with them. On the other side, the deal is not guaranteed as the seller is free to cancel the order. Thus, by this Quikr is not losing anything but only earning the return on the money paid by buyer, however, when money is returned to the buyer on cancellation he doesn't get any compensation for the amount he paid to Quikr. Please look into this doubtful business model seriously to save other customers' money. Was this information helpful? | |||||
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