Accept, a payment solution provider, announced launching a new service for its clients, called Delivery, offering more than five different payment methods.
Accept will let clients get rid of the hassle of reporting and through the company’s portal they can have an instant reporting system.
“Despite the growth of online transactions, a huge amount of people still preferred to pay cash on delivery,” the company said. “With a single integration with Accept Payment Gateway, with multiple payment methods, you can now have cash on delivery. There’s no need to upload orders manually to courier, once the customer chooses that he wants to pay cash on delivery, he just enters his shipping info and Accept will handle the rest of the process,” the press statement read.
“So, when the customer chooses to buy a product online and proceed to the checkout page, he chooses to pay cash on delivery. The merchant will ask the courier to come and take the product, the courier – on his turn – will start delivering the product to the customer, and will collect the money, then reverse the process to get the money back to the merchant,” the company elaborated.
The drawback for this model is that the merchant needs to sign multiple contracts and make multiple integrations with different systems to get his money. He has not only to collect his revenue from two different entities, but also to pay to both: the payment service provider and the courier. In addition to that, we’re not mentioning the efforts of integration and the fact of contacting the support of two different companies when there’s a problem in the order. Thus, at the end of each month, the merchant will have to put a lot of effort to upload reports and to track the flow of his money.