Freedom 251 announces Cash on Delivery (COD) option for first 25 lakh buyers; PayUBiz refuses to release the first round payment 

Ringing Bells emerged as the most visited website overnight, thanks to its ridiculously priced smartphone, the Freedom 251. The company received a massive backlash from all around as its website crashed and booking were halted mid-way. Many of the industry’s bigwigs and Indian bureaucrats have already named it as a Ponzi scheme. Now, the makers of the Freedom 251 have announced Cash on Delivery (COD) payment option for users. No, the pre-ordering for the device has not resumed, and the COD option stands open for the first 25 lakh users who have successfully registered for the Freedom 251.

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The company made the announcement on its official Facebook page, which further states that as of now, they are gathering the emails of the 25 lakhs of registered buyers and will soon issue the COD option to them. Moreover, a report about PayUBiz ( a company that is handling online payments for Ringing Bells) states that the company has refused to release the payment received from registration to Ringing Bells. In the first booking round, Freedom 251 received Rs 1.75 crore from 25 lacs of buyers.

Clearing the issue, PayUBiz released a statement saying, “As a leading payment solution company, we are cognizant of both our merchants and buyers. With a surge in no. of queries received for Freedom 251 during last few days, we are cautious 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 released to the merchant once the product is dispatched. In case the merchant is not able to fulfil the huge demand they have received, we will work with the merchant to return the money to buyers.”