What is Cash On Delivery?

"Payment after Arrival of Goods" in foreign trade refers to the settlement method in which the exporter first issues the goods and the importer pays later. This method is actually a credit transaction or a deferred payment settlement. In e-commerce (online shopping), it means that the courier company collects the buyer's payment on behalf of the buyer, and the goods are first delivered to the customer. After the customer inspects the customer, the customer then gives the money to the delivery person, which is what we often say is "paying money with one hand "Delivery" and the payment is then transferred to the seller's account. Cash on delivery can be checked for unpacking and inspection. First check whether the description of the goods is different from the purchased goods, check the authenticity, quality, and shipping damage of the goods, and then sign the order according to the situation. If the facts do not match, you can refuse to sign , Justify it.

Cash on delivery

1. Seller: When the pick-up comes, tell him cash on delivery (some logistics are not supported, but freight is OK), and then he will tell you the approximate time for the money to be delivered to you (some do nt say, you Ask yourself), the cash on delivery is also very risky for the seller, the risk comes from the malicious photographing of some novice buyers, and then reject. This brings costs to the seller. The high cost and the high natural price will make the buyer pay extra money.

2. Buyer: Cash on delivery means that after the courier company delivers the goods to you, you can check the goods without any problems and then hand the payment to the courier. After payment, the sale of the goods is over. . Benefits are not guaranteed. Third-party platform transactions are guaranteed after sale. After confirming receipt, there is a post-sale period of up to fifteen days.

3. In addition, there is usually a separate service fee for this item. The service fee is 1% of the payment. Starting at 10 yuan, it is not capped.

1. For sellers and buyers, the risk is higher. The risk for sellers is that the buyer maliciously photographs and then rejects maliciously. The risk for the buyer is that the sale is over after payment. The only advantage is to pay after seeing the surface condition is satisfied.

2. Cash on delivery increases the trust of online shoppers who are afraid of wolves and tigers and who do not follow normal legal levels, which facilitates the development of honest online shopping and is conducive to the increase in sales of scammers.

3. Consumers and courier clear the money and goods after seeing the goods, avoiding malicious disputes between consumers and sellers. But increased after-sales disputes have been exposed on television many times.

4. Because it is a courier to collect money,

   Precautions for inspection

   1. When the delivery person delivers the goods, first confirm whether the identity of the logistics company is the same as that verified by the seller, and check whether the waybill number is the waybill displayed online. If it is different, do not receive the goods to avoid loss to yourself, the seller and the logistics company.

   2. After confirming that the goods are the baby you ordered, first check the outer packaging and the appearance of the contents. After confirming that the goods are intact, you can sign and deliver the collection to the courier.

   period of payment

   1. In case of national statutory holidays, the time for sign-off status feedback and settlement time will be postponed.

   2. Within the next day after the logistics company cleared the full amount to Alipay, Alipay completed the settlement of the payment to the seller.

   At this time, the transaction status will be changed to "transaction successful".