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COD

COD

logistics-term

Description

Cash on Delivery - payment collected at the time of delivery.

Detailed Information

Cash on Delivery (COD) is a payment method where the recipient pays for goods at the time of delivery rather than in advance. This service is particularly popular in India for e-commerce transactions, as it builds trust with customers who prefer to inspect products before payment. The courier company collects the payment on behalf of the seller and remits it after deducting service charges. COD shipments typically have higher delivery charges due to the additional handling and risk involved.

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Docket Number

Unique identification number assigned to a shipment.