Gone are the days when people bought things or products in stores. With the advent of technology, people started shopping online and when people ordered online, they had two options: prepay with their credit or debit cards, or cash on delivery. Payment on delivery refers to the payment of goods purchased by the consumer only if a consumer receives these goods when ordering at the address specified by the consumer, if you are one of those who are confused about the mode of payment for the shopping line, then you should read the pros and cons of cash on delivery.
Please check the product before paying
The first and most important advantage of payment on delivery is that the buyer can see the product and then make the payment because when shopping online, it happens that the product he sees online and the product that it receives at the time of purchase. Deliveries are very different, especially for clothing, cosmetics, and similar products. Simply put, if you don’t like the product, you can return it and your money won’t get stuck, which is not the case with online payment, because in this case you will have to go through a process heavy and it will take some time to receive the payment if you do not like the product.
Another indirect advantage is that with a credit or debit card, you usually order products that are not necessary for you, which results in an excessive effort which does not correspond to this method of payment, since you only ask for it with this method Products for which you can pay cash on delivery do not spend too much
When people use a credit or debit card online, they are exposed to online fraud because not all online shopping websites have the required security and the customer transacts on those websites. Fraudulent credit and debit card transactions are more than one for the customer’s unnecessary loss, which is not the case with the method of payment on delivery.
The main disadvantage of this payment system is that sellers have to take into account the frequency of customer returns since the customer is less likely to return the goods if the customer pays online with the cash delivery method because the customer only returns merchandise online if they pay online and are not completely satisfied with the product. With payment on delivery, the customer will return the goods even if he is not satisfied with the product.
FEWER DISCOUNTS FOR CUSTOMERS
Businesses typically offer deals and discounts when a customer pays with credit cards, debit cards, and net banking. However, if the customer chooses the method of payment on delivery, he cannot use various offers and discounts from companies…
CASH AVAILABILITY ON DELIVERY DATE
You must be very careful with this method since you do not have cash at home at the time of delivery of the goods, so you must return it. In other words, if the amount of the purchase is large, you must make sure that you have money in your house, which is a bit risky to be able to pay for the goods on arrival.
As you can see above, there are advantages and disadvantages to buying products online and paying for them on delivery. Therefore, as a consumer, you should first read the points above, and then decide whether to choose cash on delivery or another payment option.