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What is Cash On Delivery

 
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bigtallmensclothing
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Posts: 21853

PostPosted: Thu May 24, 2007 5:37 pm    Post subject: What is Cash On Delivery Reply with quote

CASH ON DELIVERY is a specific term and I believe UPS is the only company that still does it. They charge the sender $8 or so and take about 6 months to get you your money.
Cash on delivery or COD is a financial transaction where the payment of products and/or services received is done at the time of actual delivery rather than paid for in advance.
You can see the definition of cash on delivery here
http://www.google.com/search?hl=en&defl=en&q=define:cash+on+delivery&sa=X&oi=glossary_definition&ct=title
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acread
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Posts: 11986

PostPosted: Wed Sep 17, 2008 5:49 am    Post subject: Reply with quote

Check out the USPS fees for COD:

http://pe.usps.gov/text/DMM300/503.htm#11_0


You pay for the COD service in addition to the postage of the package.
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