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What does Cod stand for?

C. O. D. Cash on Delivery Courier Industry, Air Cargo, Export Courier Industry, Air Cargo, Export Vote

What are cod payment terms?

A customer's COD payment terms will typically be outlined in their purchase agreement with their supplier. When a COD customer places an order (online or through other means), they will select cash on delivery as their payment method.

What is the difference between a cod and a standard invoice?

In a COD transaction, the payment term is cash on delivery, and the total payment is due at delivery. So, with COD, you get paid faster than with standard Net 30 invoices. The primary distinction between COD and standard invoicing is this shorter time frame to delivery, which leads to more immediate payment and improved cash flow.

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