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> I shudder to think of Amazons CFO shuddering to think of that. Care to elaborate? Cash-on-delivery is a common payment method in Japan, and Amazon Japan and
by nandemo 11y ago
> I shudder to think of Amazons CFO shuddering to think of that.
Care to elaborate? Cash-on-delivery is a common payment method in Japan, and Amazon Japan and many other online marketplaces have been using it for years. It can be problematic operationally, but how is it worse than credit card settlement for the finance department?
Payment at the convenience store is another common method here, and it's arguably more problematic than COD as the marketplace/merchant has to wait for the payment to go thru before shipping.
- lifeisstillgood 11y agoControl I guess - how to be sure what was due was collected, passing it back up the chain, vulnerable to fraud and violence, and of course no nice customers fronting you billions in free cash each day.