Is Cash on Delivery Still Relevant in E-commerce Today?
Discover the relevance of Cash on Delivery (COD) in the modern e-commerce landscape and its benefits for buyers.
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Yes, Cash on Delivery (COD) is still used, particularly in regions where online payment options are limited or customers prefer direct transactions. It remains a popular choice for ecommerce, providing flexibility and security for buyers wary of online payments.
FAQs & Answers
- What are the advantages of using Cash on Delivery? Cash on Delivery provides buyers with flexibility, security, and the ability to inspect products before making payment.
- In which regions is Cash on Delivery popular? COD is particularly popular in areas where online banking options are limited or among customers who prefer direct transactions.
- Are there any risks associated with Cash on Delivery? While COD can reduce online payment fraud, it may lead to higher return rates and additional handling costs for merchants.
- How does Cash on Delivery work? With COD, customers pay for their products in cash at the time of delivery, ensuring they receive their order first.