Xiaomi has announced that it will remove the cash-on-delivery payment option for the Redmi Note 5 Pro. The move is, as per the Chinese smartphone company, aimed at fighting fraud and black market reselling of devices at a mark-up. Due to limited availability of the Xiaomi Redmi Note 5 and Redmi Note 5 Pro in these early days after its launch, the company has been relying on its traditional flash sale model for effective distribution of its products. However, Xiaomi states that many buyers are not genuine product users, and resell the products at a premium.
The announcement came through a blog post on the Mi.com community page. While it will presumably make purchases of the Xiaomi Redmi Note 5 Pro harder for many potential buyers, the possibility of buying the devices offline through official channels will remain, and cash payments will of course be possible through that.
The removal of the cash-on-delivery option is one way to combat this, as this will make it harder for mobile phone dealers (who presumably rely on cash for buying and selling of stock) to purchase the Xiaomi Redmi Note 5 Pro. Additionally, cash-less electronic payments also leave a trail, allowing Xiaomi to pinpoint if any particular users or locations are purchasing the device in large quantities. Xiaomi hopes that this will curb fraudulent buying and selling of the phone, and make it easier for fans, genuine buyers and users to purchase the Xiaomi Redmi Note 5 Pro. Xiaomi has stated that this is a limited-time measure and once stocks normalize, the move will be pulled back.
Xiaomi further revealed some impressive statistics, with sales having grown from one million per quarter in 2015 to nine million per quarter at the end of 2017, as per IDC. The company also revealed that it had brought in over three lakh units of the Xiaomi Redmi Note 5, Redmi Note 5 Pro and Mi TV 4. The Xiaomi Redmi Note 5 Pro is priced from Rs 13,999 onwards, and is powered by the Qualcomm Snapdragon 636 SoC, with up to 6GB of RAM, 64GB of storage and MIUI 9 based on Android Nougat.