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Food online shopping: What "order cash on delivery" means for customers.

14:55  23 october  2020
14:55  23 october  2020 Source:   handelsblatt.com

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Cash on delivery or COD is becoming more and more popular. But what does it mean ? Can every customer pay for the goods with COD? You have maybe heard that you can pay for the items you ordered online , on delivery . But what is important to note is that not every seller offers this type of

What Is Cash on Delivery ? The customer needs to confirm the order by phone when a call center service makes a callback after the order was made. This also means that purchasing and bidding on traffic through various networks and strategies can be far more affordable.

Online customers can choose from many payment options. One of them is "order cash on delivery". The advantages and disadvantages of the payment method at a glance.

Erst zahlen, dann Paket erhalten: So funktioniert das Bestellen per Nachnahme. © ddp Pay first, then receive the package: This is how cash on delivery works.

cash is still the most widely used payment instrument in Germany . This is shown by the fourth study on the “Use of cash and cashless payment instruments” by the Bundesbank . Even if the share has been falling for years, the cash share of sales is still 50 percent.

But , especially if you want to shop online, you have to pay differently : Purchase on account, instant transfer, payment in installments, credit card, PayPal or Klarna have become standard in most online shops.

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Cash on delivery (COD), sometimes called collect on delivery or cash on demand, is the sale of goods by mail order where payment is made on delivery rather than in advance. If the goods are not paid for, they are returned to the retailer.

Cash on delivery (COD) is a type of transaction in which the recipient makes payment for a good at the time of delivery . A COD transaction can take several different forms that affect a company’s accounting in different ways. COD shipping offers customers a time advantage for saving to make a full payment.

The somewhat outdated option “Cash on delivery” is also offered as a payment option.

In fact, only 2.4 percent of the population use this payment method, while most, with a share of 62 percent, pay by invoice or transfer. But what does “cash on delivery” mean and how does this type of payment differ from others? An overview.

This is what happens when you order cash on delivery:

If you order cash on delivery, the parcel is made ready for dispatch and sent by one of the postal service providers such as DHL or Hermes. Because the option "order cash on delivery" means that online retailers no longer have to worry about payment processing. Customers pay this personally to the postal service provider. Only then can he hand over the package to you . This can be done either in the branch or directly at the parcel carrier at the front door. For comparison: With the payment option "prepayment", the online shop will only send your order when the money is there.

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COD simply means Cash on Delivery . Customers place the order online and choose cash on delivery . The e-commerce company prepares the order and contacts a logistics company to deliver this order to the provided home/office address.

How do food delivery apps manage cash on delivery orders ? Does GrubHub handle actual delivery of food? I would imagine that most delivery services would accept cash if you’re not able to use credit/debit card. There are many online applications in India who pride cash on delivery in India…

Advantages and disadvantages of this payment method

Advantage: Shorter delivery time

If you order cash on delivery, your order will be sent directly to the delivery address upon receipt. The reason for this is that there is no processing time. The postal service provider takes care of this. With other payment methods, the time is required to determine the receipt of payment at the online shop. The delivery period is thus shortened by a few days.

Disadvantage: Additional fees

It should be noted with this delivery method that you have to pay extra. It is common for a cash on delivery fee to be added to the price of the goods. For orders that are delivered to your address within Germany, the cash on delivery fee starts at five euros and up.

Special features when ordering "cash on delivery" - the return period

If you have ordered the wrong item, are unsatisfied or want to return the package for any other reason, it is advisable to use the online retailer's cancellation and return authorization before placing your order to inform. The conditions for returning orders and the return period differ from online shop to online shop. In most cases you have seven to 14 days to return your order. You will normally get the money back the same way you paid it.

More: These are the advantages and disadvantages of instant transfers

Everywhere You Can Get Free & Cheap Food Delivery Right Now .
Coles Saladino/Thrillist Due to the coronavirus pandemic, dining indoors can be dangerous for you and the restaurant's employees. Check the CDC's Food Safety and Eating Out guidelines to understand the risks involved. Consider ordering food to-go or getting delivery to support your favorite restaurants.There are a whole lot of reasons you might be thinking about ordering food (and alcohol) delivery more often than usual. If that's how you're Due to the coronavirus pandemic, dining indoors can be dangerous for you and the restaurant's employees. Check the CDC's Food Safety and Eating Out guidelines to understand the risks involved.

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