Takkyubin Collect (COD/Card Payment on Delivery/Electronic Money on Delivery)

Takkyubin Collect (Cash on Delivery (COD)/Card Payment on Delivery) is a service by which purchasers can pay in cash (COD), by credit, debit card or electronic money when sellers arranging to have Yamato Transport deliver goods to purchasers’ homes by Takkyubin. Because payment can be completed at the time of delivery, sellers do not need to worry about either failure to delivery or to make timely payment.

Merits for Purchasers

  • The purchaser can pay for the goods at home, eliminating the need to make a special trip away from home to effect payment. The service is also convenient for those who are away from home frequently, as purchasers can specify their preferred time and date of delivery.
  • Furthermore, because payment is completed at the time of delivery, the usual worry concerning prepayment, that goods already paid for may not arrive, is completely eliminated.
  • When purchasing from online sellers and other mail-order services, Takkyubin Collect makes it easy to pay for goods even without a credit card.
  • Since several major credit cards, debit card, or electronic money are available, enabling easy payment even if the purchaser does not have necessary cash.*

    *Requires sellerssupport for card payment on delivery.
  • 11 types of electronic money can be used and points (mileage) can be earned.
  • When paying by electronic money, purchasers can select a convenient method of payment such as paying the total settlement amount by electronic money or paying a portion of the total amount by cash and then paying the remaining change by electronic money.

Merits for Sellers

  • Because payment is collected at the time of delivery, the payment recovery rate is 100%. The risk of shipping goods without receiving subsequent payment is completely eliminated. And because the recovery rate is 100%, there is no need to chase late payers with collection calls, dunning notices, etc.
  • The clearing date is determined in advance. This enables assessment of the timing and amount of payments before payments are received, and enables a clear, comprehensive view of cash flow. Furthermore, payments are transferred as quickly as 5 days after the shipping of products, thus increasing the turnover rate of capital.
  • If the purchaser chooses card payment on delivery, simply notify YFC (Yamato Financial Company) and we will be happy to process any of 13 credit, debit cards and 11 types of electronic money. Settlement can be made on delivery or by means of any of YFC’s settlement services.
  • Settlement is hassle-free because YFC will act as an agent for all contractual and settlement processing with credit card companies, debit card companies and electronic money companies. Settlement fees are paid together with other settlement methods such as cash on delivery.

In accordance with a prescribed clearing schedule, payment collected from the purchaser are grouped together with other payments received by us through services such as COD and then transferred to the seller in as quickly as 5 days.



Two types of Takkyubin are available for use with Takkyubin Collect:

 
●Takkyubin (including delivery with specified delivery period)
In most service areas, parcels can be delivered the next business day.
Delivery times can be selected from among six delivery periods.
●Cool Takkyubin
Controlled-temperature shipment (refrigerated or frozen) can be selected.

(about Takkyubin , Cool Takkyubin ... YAMATO TRANSPORT CO., LTD.

Accepted Cards & Electronic Money

It is possible to use credit cards and perform settlement on the internet.
The following 13 credit cards ,J-Debit and 11 types of electronic money can be used.

Credit Card & J-Debit



  • *All credit cards bearing the JCB, MasterCard or American Express logos are available.
  • *Acceptance of credit-card service is subject to examination by YFC and the credit-card issuer.

Select from 3 types of payment methods when paying by credit card: Batch, Installment, and Revolving Loan

*In the case of installment payments, purchasers can select the number of payments from a maximum of 10 payment plans.

Number of Installment Payments

2 Payments 3 Payments 5 Payments 6 Payments 10 Payments 12 Payments 15 Payments 18 Payments 20 Payments 24 Payments
  • *The number of installment payments differs depending on the credit card company.
  • *Bonus Batch Payment and Bonus Combination Payment cannot be used.

Electronic Money



  • *An advance screening is required when using electronic money services.

Service Fees

Fees for Cash on Delivery

(includingtax)

 

  • *The maximum COD payment that can be handled using this service is ¥300,000.
  • *The above fees do not including shipping fees, bank service fees or revenue-stamp fees.
  • *For transactions of ¥31,500 or more, separate purchase of a ¥200 revenue stamp is required.

Fees for Card Payment on Delivery

(including tax)

  • *The maximum COD payment that can be handled using this service is ¥300,000.
  • *The above fees do not including shipping fees, bank service fees or revenue-stamp fees.
  • *For transactions of ¥31,500 or more, separate purchase of a ¥200 revenue stamp is required.
  • *The maximum settlement amount for electronic money is different from each brand.
  • *Within the total payment, the maximum settlement amount which can be paid by electronic money is within ¥50,000.

Clearing Schedule

The payment date can be selected from among several clearing schedules.
Payment dates can be selected from among the following settlement schedules.

*The payment date differs depending on the number of deadlines. If the payment date occurs on a holiday of financial institutions, payment is made on the following business day.

Bank Transfer Fees

At the time of payment, clearing is performed by subtracting bank transfer fees.

*List of member banks

Mizuho Bank, Mizuho Corporate Bank, Sumitomo Mitsui Banking Corporation, Bank of Tokyo-Mitsubishi UFJ, Resona Bank, Saitama Resona Bank, The Hokkaido Bank, The 77 Bank, The Chiba Bank, The Daishi Bank, Shizuoka Bank, The Chugoku Bank, The Eighteenth Bank, The Nishi-Nippon City Bank

  • When the payment is ¥30,000 or more (including tax), our company will temporarily pay for the ¥200 revenue stamp fee and perform clearing by deducting the amount at the time of payment.
  • In the case of product returns, a service fee will be charged according to the COD amount and the product will be returned to the shipper through courier freight collect.