Payment On Delivery
Payment On Delivery (POD) is a transaction method where customers pay for goods at the time of delivery rather than in advance. This approach allows buyers to inspect their purchases before making a payment, providing a sense of security and trust in the transaction.
POD is commonly used in various industries, including e-commerce and food delivery services. It can benefit both customers and sellers by reducing the risk of fraud and increasing customer satisfaction, as buyers only pay when they receive their items in satisfactory condition.