UPS (United Parcel Service) - Make Your Cod Payable To...Payable!?
Go into your local UPS(United Parcel Service) warehouse and look for a sign at the counter that says, "Cash no longer accepted for COD's." I've seen this in two different warehouses.
I have seen them referred to somewhere (wish I could remember) as "compensation on delivery" packages. I suppose COD would still be correct, even if they don't accept actual cash.
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Necromancer612 writes:
COD used to mean "cash on delivery" but it was changed
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ChiknGreez writes:
COD means "collect on delivery" ... that's why old folks have that saying "send it back collect"