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An express company is a business developed in the United States which provides for the speedy transmission of parcels or merchandise of any kind and their safe delivery in good condition. “ Collect on delivery ” service is also featured, the express company making the collecting and forwarding “returns” to the shipper.
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The United States Postal Service (USPS) provides Priority Mail Express [1] for domestic U.S. delivery, and offers two types of international Express Mail services, although only one of them is part of the EMS standard. One is called Priority Mail Express International [2] and the other service is called Global Express Guaranteed (GXG). [3]
The party making the payment is commonly called the payer, while the payee is the party receiving the payment. Whilst payments are often made voluntarily, some payments are compulsory, such as payment of a fine. Payments can be effected in a number of ways, for example: the use of money, whether through cash, cheque, mobile payment or bank ...
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The first payment card [6] was created in 1950 by Ralph Schneider and Frank McNamara to allow members to use charge cards at their Diners’ Club, and consumers were required to pay their bill in full each month. In 1959, American Express [7] created the first credit card that allowed users to carry a balance from month to month.
This status reflects the fact that the payment is yet to be collected from the customer. Upon successful delivery of the ordered item, the delivery personnel collects the payment in cash from the customer. The online retailer is then responsible for updating the payment status to "Paid" on the admin panel.
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