Cash on Delivery (CoD) systems tie payment directly to physical handover: the delivery agent collects the amount due – in cash or by card – at the recipient's door and remits it to the seller through a settlement process.
Source: https://en.wikipedia.org/wiki/Cash_on_delivery
Tools that match this term
You might also be interested in these terms
Analyze all 11 Incoterms 2020: cost matrix, risk timeline, insurance gap detector and customs responsibility – free, no login required.
Weekly: Top news, industry facts and insights from the world of logistics – free.
Share your knowledge, ask follow-up questions, or add practical insights to this page. Every contribution is moderated before publication.