What are the terms and condition of cash on delivery?
Cash on delivery (COD) means you pay when your order arrives. The seller ships the goods before payment. This contrasts with cash-in-advance, where payment is made upfront before shipping to protect the seller from potential losses. COD offers buyer convenience, but carries risk for the seller.
Cash on Delivery (COD) Terms and Conditions: What Should I Know?
Okay, so COD, right? That’s where the stuff arrives then I pay. Simple enough. I used it last month, 17th July, ordering a new phone case from Etsy. Cost me $15, including shipping. No problems at all.
The opposite is prepayment. You pay before they even send it. Makes sense for higher value items, I guess. I once bought a vintage record player online – that was definitely pre-payment. Nearly $200, a bit scary sending that much cash before seeing it.
So yeah, COD is comfy for smaller buys, safer for the buyer, obviously. Prepayment’s better for sellers – less risk of non-payment for them. It depends on the seller’s comfort level with trust, really, and the value of the item being bought.
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