How To Add A Cash On Delivery Feature To A Small Business?
The e-commerce industry is booming, and the competition is increasing every day. Being one of the most optimistic business sectors, the e-commerce and logistics industry is coming up with new ideas every day. One of them being the option of cash on delivery service. Be it a small or large scale business, different companies are making the option of cash on delivery available to their customers. This is not only helping them widen their territory but is also helping them establish their presence in this virtual space.
What is A Cash on Delivery?
Cash on Delivery (COD) is a payment method where customers pay for their purchase in cash (or sometimes digitally) when the product is delivered to them, instead of paying in advance
Many customers prefer cash on delivery in online shopping as it allows them to pay only upon receiving their items. Offering cash on delivery in online shopping can help retailers reach a wider audience, especially those hesitant to pay online upfront.
Here are some Advantages and disadvantages of cash on delivery.
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