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Glossary

COD Operations Glossary (MENA → LATAM)

Clear definitions used in COD fulfillment, last-mile delivery, confirmation, and payouts.

COD (Cash on Delivery)

A payment model where the customer pays in cash at delivery. The courier collects cash and the merchant gets paid through settlement cycles.

Why it matters: COD requires confirmation, strong last-mile, and clean reconciliation to scale safely.

Related: Order Confirmation, Settlement, Reconciliation

RTO (Return to Origin)

Orders that fail delivery and return back. In COD, RTO directly hurts profitability and warehouse workload.

Why it matters: Reducing RTO improves delivery rate and cash flow predictability.

Related: Order Confirmation, Address Validation, Last-mile

Order Confirmation

A call-center process (Spanish in LATAM) to confirm customer intent, validate address, and schedule delivery.

Why it matters: Confirmation is the #1 lever to reduce RTO in COD markets.

Related: RTO, Address Validation

Settlement Cycle

The payout schedule where COD collected cash is reconciled and transferred to merchants.

Why it matters: Clear cycles reduce disputes and stabilize cash management.

Related: Payouts, Reconciliation

Reconciliation

Matching orders, delivery status, COD collected amounts, fees, and payouts into one consistent report.

Why it matters: Prevents missing cash and creates trust at scale.

Related: Settlement, Reporting