Cash on Delivery
In COD services, customers make the payment in cash at the time of receiving the product or service. This method is particularly popular in regions where customers may be hesitant to make online payments or lack access to digital payment methods.
- Caters to customers who prefer to inspect the product before making a payment.
- Expands the customer base, especially in regions where digital payments are less common.
- May reduce cart abandonment rates.
Why Offer Multiple Payment Modes?
More Conversions
Help your customers choose the right option at the right time.
Less Abandoned Carts
No more losing buyers to your competitors.
Customer Satisfaction
Make payments an easier task for your customers.
Increased Credibility
Build trust by going an extra mile for your customers
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No Fees. No Minimum Sign up Period. No Credit Card Required
Benefits of Offering Cash on Delivery
Convenient Transactions
No dependency on payment cards.
Payment Security
No need to disclose financial information.
Returns and Refunds
Payment after delivery & easy returns.
Frequently Asked Questions
OD refers to cash on delivery. In this mode of payment, customers pay for the order with cash upon receiving the delivery. Prepaid payment refers to paying for the order before it ships. Prepaid payment is an online payment method while cash on delivery is offline payment.
Yes. With Shipcozy, you can accept COD and prepaid payments for your orders.
Cash on delivery helps you with convenient currency transactions without having to depend on cards, apps, etc. Also, it gives your customers trust as they don’t need to share any financial information, and payment is done after the delivery.
Multiple payment modes can help open up options for customers. Many urban customers prefer online payment as compared to COD as they are usually not available to receive packages. Meanwhile, tier-2 and tier-3 cities prefer COD as they are still building trust with eCommerce. Both are important options.