Cash On Delivery
Cash On Delivery (COD) is a payment method where customers pay for goods at the time of delivery rather than in advance. This option is popular for online shopping, as it allows buyers to inspect their purchases before making a payment.
With COD, the delivery person collects the payment in cash or sometimes through other methods like credit cards. This system can build trust between customers and sellers, especially in regions where online payment methods are less common. However, it may also lead to higher return rates if customers change their minds upon delivery.