Do you know what cash on delivery payment method is? Before you answer that question, you must understand some facts about this payment method. Cash for your order means, you can expect to receive the item the next day, if you place your order online.
Cash on delivery payment method is available for all kinds of products online. You will be logged on automatically from your shopping cart page. Just checkout with cash on delivery payment method.
Sometimes, customers do not like to pay anything up front before the items are in hand, particularly when ordering online from a brand-new website. They want their money right away. And, some customers will even go as far as providing an address with a postbox. They feel uncomfortable with this payment method because it means that they have to provide personal information such as an address.
Other times, there may be an option to pay for the item through the cash on delivery payment method. They only need to enter an electronic payment code. The cash for the order can be credited directly into your account.
But the disadvantage to this payment method is that the order may not be delivered until the next business day. If there are no immediate orders, the online stores cannot deliver the products immediately. If you are still in the process of making a payment when you come to the online store, you may have to wait several days before you can pick up the items. But, if you are very busy, it will not take long for the order to be delivered. You just have to wait till the next business day.
In addition, cash for your order payment method may not be available on certain occasions such as weddings and parties. So, if you are invited, it is best to use another mode of payment such as credit card.
Another disadvantage is that the amount you can expect to get as payment for your cash for your order payment method may differ from one shop to another. The amount is determined by the payment-processing company. You can ask for an exact amount, but you may find that it is higher than what you expected, depending on the particular shop.
But the biggest disadvantage of cash for your order payment method is that it does not work for small transactions. If you do not want to use it, you may be charged high fees for your transaction. Also, the cash may not be paid right away.
Also, the amount of money you can expect to receive as payment for this payment method may vary from one online store to another. The amount is determined by the payment-processing company.
If you do not have a PayPal account, you will have to send your credit card number, along with a check, to the cash for your order payment method. In case you don’t have a PayPal account, you will have to send a request through the email form.
When you receive an answer, you will need to wait for a few days before you can begin using the payment method. The payment method is not available for free.
The payment-processing company might ask for a certain type of confirmation from you in order for your payment to be processed through the cash for your order method. This confirmation should be signed by the client. The reason is to make sure that they can trust you.
But, the downside is that the payment method can be a bit difficult for some people to understand. It may also take some time to get used to this payment method. However, it is the safest way to make payments online. Because you only need to enter an electronic payment code instead of a credit card number.