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This is an archive article published on August 9, 2024

Zomato introduces Instant Balance, a feature that lets you pay in cash and get exact change back

Zomato's new feature makes cash payments hassle-free in case your delivery executive does not have change money.

The extra money you give on your cash on delivery order will now be stored on Zomato Money.The extra money you give on your cash on delivery order will now be stored on Zomato Money. (Image Source: Zomato)

Zomato is launching Instant Balance, a new feature that allows users to receive change directly into their Zomato Money account when paying cash for orders.

In a post on X, CEO Deepinder Goyal said that if a delivery executive doesn’t have exact change, the amount will be credited to the customer’s Zomato Money account. He also thanked Tata Group-owned Bigbasket, another delivery service that offers a similar feature that makes getting the exact change back hassle free.

The company says the funds in the Zomato Money account can be used for future delivery orders or dining out. While many Indians pay for their orders online, there is still a sizable chunk of the population that prefers cash on delivery.

The new feature is really useful in scenarios where an issue arises because the other person does not have any change, but it is still unclear for how long Zomato Money’s account balance can be used.

The food delivery service recently introduced another feature that allows customers to remove their past orders from the app. Last month, Zomato CEO unveiled a new app called “District” that will offer services like dining, movie and sports ticketing, live performances, staycations and shopping. Citing Zomato’s dining business, he also said that while Zomato and Blinkit are serving customers at home, the company is now expanding its presence in the outgoing market to take on the likes of BookMyShow.

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