What does not belong to the electronic payment system?

Those that do not belong to the electronic payment system have cash on delivery.

In China's modern payment system, cash on delivery does not belong to electronic payment. The cash payment system is not an electronic payment system either, because it uses cash instead of electronic media to pay.

Some special payment methods, such as traveler's checks, do not belong to the electronic payment system. These payment methods usually require physical media (such as paper checks or cards) to conduct transactions, rather than electronic means.

Electronic payment system usually refers to a system that uses electronic means to make transaction payment. This kind of system usually involves electronic media, network technology or mobile devices. In order to realize fast, convenient and safe fund transfer. Common electronic payment systems include card payment system, electronic wallet payment system, electronic check payment system and electronic transfer payment system.

Advantages of cash on delivery:

1, convenience: cash on delivery allows the buyer to make payment after receiving the goods, which provides some convenience for the buyer. Buyers can inspect the goods first to ensure that the goods meet their own requirements and expectations before paying. Avoid the risk and inconvenience caused by paying first and then receiving goods.

2. Security: Cash on delivery helps to ensure the security of the transaction. The buyer pays after receiving the goods, which reduces the risk of losses caused by fraud or false transactions. At the same time, for sellers, cash on delivery also reduces the losses caused by malicious rejection or fraud by buyers.

3. Increase trust: Cash on delivery helps to increase buyers' trust in sellers. The buyer will pay after receiving the goods and confirming them, so that the buyer can buy the goods with more confidence. At the same time, for sellers, cash on delivery also helps to establish a trust relationship with buyers and enhance brand image and credibility.

4. Reduce the return rate: Cash on delivery helps reduce the return rate. Because buyers pay after receiving goods, they are more motivated to ensure that the goods they buy meet their own needs and expectations. This reduces the return of goods caused by dissatisfaction and is conducive to maintaining a good trading order.

5. Flexibility: Cash on delivery provides buyers with greater flexibility. Buyers can choose whether to use cash on delivery according to their own needs and circumstances. Cash on delivery is a better choice for some scenes that need to be inspected first or require high transaction security.