Cash-on-Delivery is a great option if you want the customer to pay for the product upon receiving the product. This option is useful for clients who want to confirm the quality of goods upon delivery and only pay after that.
Another big advantage of cash on delivery is that it does not make you dependent on credit or debit cards. This factor is useful in suburban or rural areas where a lot of people do not use cards.
Security can be maintained in case of cash on delivery. You do not have to divulge any financial information, such as debit card, credit card or bank account details to the seller.
As a customer, one of the most significant benefits of COD is that you can pay only after you get the product in hand. In that way, there is no risk of loss of money.
Most of us who are into eCommerce business and online shopping may be quite familiar with the term cash on delivery or COD.