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COD – Prepaid

COD-Prepaid requires customers to pay the invoice amount before the rental asset is dispatched or used.

1 min read·Updated September 2026

Definition

COD-Prepaid requires customers to pay the invoice amount before the rental asset is dispatched or used.

Why it’s important

Reduces credit risk and ensures payment is secured upfront.

How it works

Invoices must be fully paid before the rental order proceeds to dispatch or activation.

PREXA365 modules behind this term

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