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- Dictionarycash on delivery/ˌkaʃ ɒn dəˈlɪv(ə)ri/
noun
- 1. the system of paying for goods when they are delivered.
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Jun 13, 2024 · Cash on delivery (COD) is when a recipient pays for a good or service at the time of delivery. A COD transaction can take several forms, each affecting a company’s accounting. COD shipping...
Oct 27, 2023 · Cash on delivery, or COD, is also known as “collect on delivery” and “cash on demand,” and is a payment method in which customers pay for mailed goods only after they receive and decide to keep them.
Apr 11, 2024 · Cash on delivery (COD) allows customers to pay for purchases at the time of delivery. COD is a trusted payment option in e-commerce that caters to those who lack access to traditional banking services or prefer not to use digital payment methods.
Cash on Delivery (COD) is a widely practiced payment method in e-commerce, allowing customers to make payments for their orders in cash upon delivery. Managing COD orders involves a straightforward and reliable process to ensure seamless transactions between online retailers and customers.
Jul 7, 2022 · Cash on delivery, or COD, is a payment method that allows buyers to wait until they receive the goods they've ordered before paying for them.
Jan 30, 2023 · Cash on delivery is a payment made when a good or service is received. Delivery versus payment is a payment for securities before or during delivery.
a method of doing business in which a company will transport goods to a customer and take payment for the goods at the time they are given to the customer: Items must be paid for in full prior to delivery - cash on delivery is not acceptable. Compare. cash before delivery. cash in advance.
Jun 29, 2023 · With cash on delivery (COD)—also called collect on delivery—a customer can use cash or another payment type, like a cashier’s check or credit card, to pay the courier once their merchandise is delivered.
Jan 19, 2023 · Cash on delivery (COD) is a type of transaction where a customer pays for a product upon delivery. Retailers assume a greater financial risk when offering COD as a payment option, as there is a possibility the buyer will decide not to keep the item and send it back without having to pay.
Cash on delivery refers to an arrangement in which payment for a purchase is made directly by the purchaser to the person who delivers the item. It is commonly abbreviated as C.O.D., which can also stand for collect on delivery.