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Everything You Need to Know about COD
What is Collect On Delivery (C.O.D.)? - Replica Center COD is a form of payment where you pay when you receive the package. It allows dealers to ship to buyers without extending credit nor requiring pre-payment. You pay only when you receive your package! Benefits for the Dealer - ReplicaCenter Earning the Customer's Trust Private Sellers Can Scam More Easily Reduce Credit Card Scams Drawbacks for the Dealer - www.replicacenter.com Dealers stand to lose a lot of money through fraudulent checks and people who refuse the package (since the dealer has to pay for shipping first). Also, the dealer needs to pre-pay for the product and therefore could stand to lose money. Although most fraudulent COD orders can be dealt with by contacting the local law enforcement agencies of the defrauding customer, it is still a big headache for dealers. Dealers most likely won't see their money back for a while, but at least they can get some retribution by having law enforcement officers investigate the defrauding customers and possibly bring along legal action. Benefits for the Buyer - ReplicaCenter.com You Don't Pay Until You've Received Your Package! Get Your Product Faster Protect Your Valuable Credit Card Info Know Your Dealer Drawbacks for the Buyers - http://replicacenter.com Because buyers cannot open and inspect the package before giving a check to the delivery company, they stand to receive a very poor product. This often happens with private sellers, but rarely happens with large companies who have legitimate websites and are offering credit cards as a form of payment. Private sellers can appear and disappear much more easily, and are much harder to trace (especially without phone numbers and using anonymous email addresses). In Conclusion - http://www.replicacenter.com There you have it – everything you've always wanted to know about COD orders. The benefits and drawbacks for both parties, as well as the fundamental workings of COD. In general, I do suggest COD orders over credit card simply because I never want to give out my credit card information. I'm
sure there are other staff members who disagree with me – I respect their
opinion.
However, I can't stand the headache or stress of knowing someone has my credit card information and can make fraudulent charges on my card. Although disputing charges is possible, it really is not as easy as most people would expect. In addition, my credit card company (VISA) has once told me never to hand out my CVS numbers (the last 3 digits on the back of the card) unless absolutely necessary. They informed me that it is used for merchants with terminals to validate the credit card, and if a hacker got a hold of the card, it can be very damaging to the customer. So I would definitely avoid giving out the CVS numbers even though most Internet merchants require it for manual authorization. Only give it out to large, credible, reliable companies with bullet-proof security (such as Amazon.com). Copyright(c) http://www.replicacenter.com |