Risk Assessment of Cash on Delivery System in Indonesian E-Commerce Using House of Risk and Content Validity Index


Authors : Arum Dwi Cahyani; Elisa Kusrini

Volume/Issue : Volume 9 - 2024, Issue 3 - March

Google Scholar : https://tinyurl.com/3y223wpf

Scribd : https://tinyurl.com/4em3styv

DOI : https://doi.org/10.38124/ijisrt/IJISRT24MAR1454

Abstract : The phenomenon of rapid development of E- commerce in Indonesia is increasing every year. This is influenced by several factors, including cheaper prices and ease of use. The payment method that is often used in Indonesian E-Commerce is using the Cash on Delivery (COD) payment system with 82.26% transaction. COD payments still have risks that can harm the seller, such as the buyer not paying until the product is returned. The aim of this study is to determine the risks of the COD payment system in Indonesian e-commerce faced by the sellers. This research uses the Content Validity Index (CVI) method and the House of Risk (HOR) method. The result is that there are 21 risk indicators divided into seven risk dimensions, there are 21 risk events and there are 23 risk agents which are the main causes of risks such as increasing order volume and dissatisfaction with the quality of products received.

The phenomenon of rapid development of E- commerce in Indonesia is increasing every year. This is influenced by several factors, including cheaper prices and ease of use. The payment method that is often used in Indonesian E-Commerce is using the Cash on Delivery (COD) payment system with 82.26% transaction. COD payments still have risks that can harm the seller, such as the buyer not paying until the product is returned. The aim of this study is to determine the risks of the COD payment system in Indonesian e-commerce faced by the sellers. This research uses the Content Validity Index (CVI) method and the House of Risk (HOR) method. The result is that there are 21 risk indicators divided into seven risk dimensions, there are 21 risk events and there are 23 risk agents which are the main causes of risks such as increasing order volume and dissatisfaction with the quality of products received.

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