IIJSE
Vol 7 No 2 (2024): Sharia Economics

Effectiveness of Payment System Cash on Delivery (COD) To Businessmen

Noviani, Laila (Unknown)
Nugroho, Andriyanto Adhi (Unknown)



Article Info

Publish Date
25 Jun 2024

Abstract

The advent of online shopping has revolutionized the way consumers make purchases, offering a diverse range of payment options for goods bought online. This study aims to examine the effectiveness and potential issues arising from the implementation of Cash on Delivery (COD), a widely used payment method. Employing a juridical-empirical approach, the research gathers insights through interviews with individuals and businesses that utilize COD in their online stores. Additionally, it examines relevant laws governing business protection (for both sellers and buyers). The study reveals that business owners perceive COD to be detrimental due to the high incidence of unilateral order cancellations by buyers upon package delivery. In response to these concerns, the research emphasizes the need for regulations that safeguard business interests, as outlined in consumer protection laws.

Copyrights © 2024






Journal Info

Abbrev

iijse

Publisher

Subject

Economics, Econometrics & Finance

Description

The Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) is Sharia Economics Journal published by Sharia Economics Department Institut Pesantren KH. Abdul Chalim, Mojokerto. The Journal focuses on the issues of Sharia Economics, the History of Islamic Economic Thought, Islamic Law, Local ...