Topic: Payment Modes in E-commerce
Step 1: Understanding the Question:
Identify the standard expansion of the acronym "COD," which is a popular payment method in retail and logistics.
Step 2: Detailed Explanation:
COD stands for "Cash on Delivery."
In this system, the buyer does not pay for the goods at the time of ordering online. Instead, they pay the courier or delivery person in cash once the product is physically handed over to them.
Step 3: Final Answer:
The correct full form is Cash on Delivery.
Final Answer: Cash on Delivery.