Since homestead I do a lot of trading and started using COD a lot.
In the last couple of days I ran into a few transactions which may involve fraudulent behaviour but as I figured out it's completely "by the rules" just easy to abuse.
90% of the time when I COD something the money arrives in a minute which shows that we have a great community and valid intentions of purchasing items, in some cases the buyer was even willing to pay the COD fee on top of the price.
But lately two of my COD-ed items stay idle in the recipients' mailboxes with no reply from them even if they are online which made me think about how COD could work a bit better.
I wanted to recall the mails but couldn't find any option for that. Now I have to wait until the items return and at the same time I paid the fee non-refundable. This opens up a lot of possibility to abuse the transactions so I would have a few suggestions if it's possible to improve the COD system:
1. Ability to recall the COD mail sent out
This would be essential to have full control over the transaction and would give the chance to prevent any abuse and fraudulent behaviour.
2. Convert the COD fee we pay upfront to a "deduction when transaction is complete"
It could work the same way like selling in guild stores: there's an insignificant listing fee and the share is deducted only when there was a purchase on the item.
However I do like the idea of the COD-way of trading because I can imagine there are valid reasons why someone can not pay immediately or meet somewhere but it seems to leak at tese points above right now.
I decided to stop using COD until I can see the transaction more secured and controlled by me as a sender.
***added along the way of the discussion:
3. Reduce the COD expiry to a maximum of 1 day
I do think if someone wants to buy something and "claims" the goods on the market he/she either has to have the funds already in pocket and or should be utilize it in a fairly short time. If any of these are missing, there's no trade anyway.
Right now I have an expensive item with them and instead of a deposit they paid for securing the deal, I had to pay the money for the transaction too.
Which makes me think further along the road and brings up number four:
4. (or 2/b rather) Let's make the buyer pay the COD fee as a "deposit" rather than the seller
I believe this would clear up the ingenuine intentions if there's any.
Edited by ynimma on March 7, 2017 10:30AM