|
Cash on Delivery - cash on delivery is a term meaning a service or item is paid for at the time the buyer receives it. Cash on delivery means the buyer must pay the seller, cash, or a certified bank check, for an item or service he received. Personal checks and credit cards are not acceptable payment, for cash on delivery transaction... Cash on delivery is more widely known as a COD. A lot of mail orders are COD, which minimizes the possibility of fraud, or a default on the buyer’s part. |