Definition : COD

COD, short for ‘cash on delivery’, is a payment method where the buyer pays for goods or services at the time of delivery. This method allows customers to inspect the product before making the payment, ensuring satisfaction and security. It is commonly used in e-commerce and mail-order businesses, providing convenience and trust for both the buyer and seller. COD eliminates the need for online transactions or credit card information, making it a popular choice for those who prefer a more traditional approach to purchasing. However, it may come with additional fees and restrictions depending on the seller’s policies. Overall, COD offers a simple and reliable way to make purchases without the hassle of online payments.

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