/ / What is cash on delivery and what are its benefits and disadvantages

What is cash on delivery and what are its advantages and disadvantages

In our time, the popularity of online storesgrowing day by day. It's not surprising - because with the help of modern web technologies you can conclude quite profitable transactions and save time. At the same time many potential buyers are afraid to get on scammers and so they are increasingly interested in what a cash-on-payment is, and whether it makes sense to choose this method of payment. They say that it is safe enough and very profitable for both the customer and the trader. Is it really? Let's try to figure it out.

what is a cash on delivery

What is cash on delivery?

The essence of this method is thatthe sender instructs the postal communication object to collect after delivery from the addressee (recipient) a certain amount and send it to the address indicated in the appropriate form. And as a courier can act as a state-owned enterprise of communication, and any commercial organization, such as "New Mail". Cash on delivery is applied, as a rule, to parcels and packages with a valuation of the investment, i.e. valuable. Probably, many already had a question: “Is it possible to send letters with it”? The answer is possible, but only if they are with a declared value. Therefore, if the weight of the shipment does not exceed one hundred grams, you can send it by a valuable letter and thus save a little on delivery services. Speaking about the fact that such a cash on delivery, it should be noted that the amount of the estimated parcel post can not be less than its value. All the necessary information is indicated on a special form for a postal transfer, while for the parcels there are sometimes dual forms on which you need to specify both the data for the parcel and the transfer of funds.

mail cash on delivery
Benefits and disadvantages

Many buyers who had time to test what isIn practice, cash on delivery has already managed to make sure that in order to purchase expensive items from new sellers who have not yet had time to recommend themselves, this method of delivery is very convenient and reliable. After all, so you can be sure that the money will not be wasted and the goods will definitely come. At the same time, despite all the obvious advantages, one cannot say that this dispatch method will always be the best for both parties. The disadvantage for the buyer is that the cost of receiving inevitably increases, since the tariffs for valuable mailings are more than for ordinary ones. In addition, you still have to pay a commission for sending money to the seller. All this can increase the total cost of the goods so much that it becomes equal to the price in a regular store. Again, if you decide to place an order with cash on delivery, do not forget to check the purchase directly in the post office. It may well be a rogue who fills the inside of the parcel with various trash that you find only when you come home. Therefore, it should always be remembered that the name “cash on delivery” does not at all mean an absolute certainty that the purchase will go smoothly. However, the given example is a rare exception rather than a frequent occurrence. As for the seller, for him such a delivery option is just an additional way to attract more potential buyers and earn credibility. Unlike prepayment, the term of receipt of funds may increase to 14 days. And besides, there is always the possibility that the buyer suddenly changes his mind and will not take his order. In this case, the shipped goods will be available back only after a month, and you will have to accept the cost of shipping.

cash on delivery
Conclusion

Таким образом, наложенный платеж оправдывает if the order is of great value to the buyer, and the seller is little known and still can not boast of a large number of positive reviews. That is, when we need guarantees. Otherwise, if the purchase from such a seller does not occur for the first time or the price of the goods is not too high, it will be, perhaps, still better to choose a prepayment.

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