Abstract:
Various embodiments provide systems for providing a delayed deposit collection on delivery (COD) option to a customer. The system may comprise one or more computer processors configured to: (a) receive a portion of payment data and package data; (b) receive an indication of a payment deposit parameter; (c) associate the payment deposit parameter with the payment data; (d) compare the payment deposit parameter to a default deposit parameter; (e) calculate a payment deposit date based at least in part on the comparison and at least a portion of the package data comprising delivery data; (f) facilitate depositing the payment mechanism on the calculated payment deposit date; and (g) automatically re-present the payment mechanism if an error occurs during the depositing of the payment mechanism. Associated computer program products and computer-implemented methods are also provided.
Abstract:
Various embodiments provide systems for providing a delayed deposit collection on delivery (COD) option to a customer. The system may comprise one or more storage areas containing customer profile data, payment data, package data, and parameter data, such as a default deposit parameter. The system may further comprise one or more computer processors configured to: (a) receive a portion of the payment data and the package data; (b) receive an indication of a payment deposit parameter; (c) associate the payment deposit parameter with the payment data; (d) compare the payment deposit parameter to the default deposit parameter; (e) calculate a payment deposit date based at least in part on the comparison and at least a portion of the package data comprising delivery data; (f) and facilitate depositing the payment mechanism on the calculated payment deposit date. Associated computer program products and computer-implemented methods are also provided.