Main Advantages of Cash on Delivery Payment Method
Trade is going deeper into the internet space. According to the statistic, every adult European has bought a product in an online store at least once in his life. And if earlier it was mainly purchases of household appliances, furniture, clothes, today on the Internet you can order food, medicine, household chemicals, cosmetics, etc. When making an online purchase, the buyer chooses the method of delivery and payment.
One of the most common methods of receiving and paying for goods is the cash on delivery method. In this article, we will consider the general characteristics and main advantages of cash on delivery method. The unconditional advantages of this method are:
Guarantee of goods receiving
Payment can be made at the time of receipt of the goods (without prepayment and the risk of being “with the nose” in case of fraud), as well as the ability to order the goods now and pay at the time of receipt.
Convenience
Cash on delivery method is very convenient, as there is no need to go to a bank or look for a money transfer terminal to transfer money. So, choosing the imposed method of payment, the buyer saves a lot of free time.
Efficiency of order processing
If you make a prepayment, packing and shipping the product may take some time. When making a postpaid payment, the seller has an incentive to make a mandrel as soon as possible to get money from the sale of products.
Ability to check the quality of goods
The buyer upon receipt of goods, in particular with high value, has the opportunity to check personally the quality of the delivered goods and in case of doubt to refuse to receive it and save money.
Guarantee of money receiving
The seller using cash on delivery method certainly assumes responsibility and risks of delivery of quality goods on time, however, at the same time, he receives a guarantee of payment of money for the delivered goods.
There are many services that provide assistance during cash payment execution. For instance, Visitless.com can pick-up the cash money from your home or office and credit it to FREE Payment Account from which you can make shopping online, send money to your bank account, transfer to friends, or PayPal, buy cryptocurrency, top up your card or spend it like you want to.