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Express Companies
An express company is a business developed in the United States which provides for the speedy transmission of parcels or merchandise of any kind and their safe delivery in good condition. “Collect on delivery Cash on delivery (COD), sometimes called collect on delivery or cash on demand, is the sale of goods by mail order where payment is made on delivery rather than in advance. If the goods are not paid for, they are returned to the retailer. Origin ...” service is also featured, the express company making the collecting and forwarding “returns” to the shipper. Money orders also are issued, payable at any of the numerous offices throughout the United States. History Express service had its beginnings in the trip made from Boston to New York by William F. Harnden (1813-45), the first “express-package carrier,” on March 4, 1839. The plan recommending itself to business men, competing companies sprang up rapidly, and express lines were established in all directions. ...
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Collect On Delivery
Cash on delivery (COD), sometimes called collect on delivery or cash on demand, is the sale of goods by mail order where payment is made on delivery rather than in advance. If the goods are not paid for, they are returned to the retailer. Originally, the term applied only to payment by cash but as other forms of payment have become more common, the word "cash" has sometimes been replaced with the word "collect" to include transactions by checks, money orders, credit cards or debit card A debit card, also known as a check card or bank card is a payment card that can be used in place of cash to make purchases. The term '' plastic card'' includes the above and as an identity document. These are similar to a credit card, but u ...s. Advantages and disadvantages for retailers The advantages of COD for online or mail order retailers are: *The customer does not need to own a credit card to purchase * Impulse purchases may increase as payment is not due at the time of order ...
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