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What is cod shipping & how does it work?

For longer-term accounts receivable agreements, companies can set up COD shipping that allows the customer to defer payment until the time of delivery. On certain mail order platforms, such as eBay, COD can be used to help minimize the risk of fraud between buyers and sellers.

What is the difference between cash on delivery & COD?

This means buyers are expected to make payments within 30, 60, or 90 days respectively. In contrast, cash on delivery customers must pay at the time of delivery, or their order cannot be released to them. Delivery timeframes for COD customers tend to be shorter than those for customers paying on credit.

What is cod delivery & how does it work?

COD delivery also transfers most of the risk associated with sales from the buyer to the seller, and there's no guarantee the seller will ever get paid. In addition, with COD, customers are free to change their minds for any reason and refuse delivery, which results in lost profits and the additional cost of shipping merchandise back to you.

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