Even though we live in such a digitalized era, there are still some people that dislike the idea of putting their information online. Therefore, refuse to make purchases online. Is there a way to somehow meet the demands of the customers and the business at the same time?
COD, or better known as “cash on delivery” or “collected on delivery” is a payment method where the buyer of the product pays for the purchased items only when the items are delivered.
Different courier companies have different methods of collecting money. Some accept only cash, some cash and cards and other include paying for the delivery with money orders or cheques (whether it may be personal ones, company’s, bankers or official bank cheques). Money orders (mainly used in the USA) are an alternative to cash and reduce the risk of theft, as you can cancel it anytime and get a replacement. You can get these in supermarkets and convenience stores, banks and credit unions, money transfers etc. Cheques are another type of deposit where the bank issues a certain amount of money on a specific document from one person’s account to the person in whose name the cheque is meant for.
It is not common for all couriers to be accepting this type of reimbursement. There are some benefits as well as risks when paying by COD. That is why some couriers decide to just avoid this approach and stick to the online prepayments.
Risks when paying by COD:
Benefits when paying by COD:
Not all is that dark and blue behind this method. There are some benefits both for the customers and businesses.
In some countries like India, cash on delivery transactions are boosting internet commerce.
Do you want to know when it is the best time to use this method? Read more in our dedicated article about cash on delivery and how does it work or contact us and we will get back to you as soon as possible!
It is important to mention that not all couriers accept this type of payment. Here is a list of some shipping companies that do accept it:
Other than having to reimburse for the package, there are situations that the receiver is still required to pay something extra. Such situations include:
If there is a returned undeliverable parcel and they are assessed postage for the return trip.
If the parcel has been stuck in customs due to taxation, then the receiver must cover this cost too.
At the moment such payments are not an option when using a shipping logistics platform like Eurosender. The service has to be paid online when booking the service on the website. However, there are several other alternatives to pay when booking with us. The available ones are secure credit cards, PayPay, through bank transfers or payments through credits.
If you are the receiver of the package and you wish to make the payment for it, then you can place the order as a consignee on our platform and pay online, even though the collection will be done with a different person.