Ringing Bells refuse to take money from PayUBiz: It holding on to payments due to rush of queries

Ringing Bells Freedom 251 bookings have officially been closed by the company, which claims to have gotten orders worth Rs 1.75 crores through the website freedom251.com. It has also declared that it won’t actually be taking the payment from the payment gateway launch pad PayUBiz, until it gives confirmation of delivery.

The company which attempt into limelight last week with the Smartphone, only priced at Rs 251 has ever since been spoiled by controversy after controversy.

However, PayUBiz has also declared a statement on the Ringing Bells Freedom 251, saying it has taken a careful attitude only due to the rush of queries being received over Freedom 251.

Now the union government has stepped in, warning of strong action if they failed to deliver on their promises.

It shows some original content where the phone’s condition should go. The parody phone will have the same camera specifications as Freedom 251, along with an “inherent touch less” technology. Meaning a company executive will come and take your picture every time you say “I want a selfie”.

Freedom 251, claimed to be the cheapest Smartphone, was launched last week by a Noida-based startup Ringing Bells. The phone has formed a lot of blast and has also become a topic of discussion. According to much news in the recent days, the company has come under the scanner of the Telecom Ministry and Income Tax subdivision due to an unclear business model.

WHY ringing Bells holding on to payments from PayUBiz:

In a statement declared by a company representative, PayUBiz said, “As a leading payment solution company, we are aware of both our sellers and buyers. With a rush in number of queries received for Freedom 251 during last few days, we are careful towards the payments being made by buyers to buy Freedom 251. As a responsible payment solution company, we have ensured that the buyer’s money remains safe with us and gets unconfined to the sellers once the product is dispatched. In case the seller is not able to fulfill the huge require they have received, we will work with seller to return the money to buyers.”

Yes there’s a customer care help-line also, but the only message playing on that is that bookings are stopped up for Freedom 251, and customers should go to the website to check for more details. There’s no in-call menu for now, where users can press a different number to say register a complaint.

Ringing Bells had said in its own declaration regarding the payments,” We have delivered Rs 1.7 crores worth of phones so far. In addition, PayU [Payment Gateway] has received Rs 1.75 crores against our Handset On-Line Bookings of Phase 1 and here, as we have dedicated, we will claim our money only after we complete delivery on Feb 25, 2016 and after we present Proof of Delivery.”

Ringing Bells made it appear that it was not claiming the money till the providing were done; but the PayUBiz statement indicates that they have gone for a more careful approach to the whole scenario.

According to reports Ringing Bells had received orders worth Rs 1.7 crores via PayUBiz, which it is scheduled, deliver to the payment service provider by February 26

The Noida based company which still appears confident to fulfill its promises had conventional over 7.35 crore orders for the phone.

Even though the company had earlier mentioned that the phones will be manufactured in India, later they claimed the first batch of 50 lakh phones will be imported.

Many including industry experts and rival brand have also raised question of the probability of Ringing Bell’s promise to deliver a 3G Smartphone for Rs 251.

Ringing Bells claims it will supplies the first batch of deliveries for Freedom 251 by February 25, if you go by the statement. How that’s going to happen, allowing for the company is still giving out prototypes of an Adcom device is another matter.

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