โCOD Remittance is the process of transferring the cash collected from your customer during delivery to your vFulfill Wallet. Once an order is marked as Delivered in our system, we verify it and credit the amount to your vFulfill wallet ๐ฐ.
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In this article, weโll walk you through how COD remittance worksโfrom the moment your customer pays in cash to when the amount appears in your vFulfill Wallet.
๐ธ How COD Remittance Works?
When a COD order is delivered to your customer and marked as Delivered in our system, the following transactions are created in your wallet:
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Transaction | Description |
COD Fee | A pending transaction for the COD fee. |
Convenience Fee | A pending transaction for the percentage fee. |
COD Remittance | A pending transaction for the COD amount, credited in the next payout cycle. |
Tax Management Fees | (If applicable) Deducted for GST services provided by vFulfill. |
๐ท Here's what these transactions look like in your vFulfill Wallet :
๐ How Often COD Remittance is Processed ?
We process COD remittances twice a weekโonce on Monday and once on Thursdayโto make sure youโre regularly receiving payouts from successfully delivered orders.
๐ Orders Delivered From | ๐ฆ Remittance Processed On |
Sunday to Tuesday | Thursday |
Wednesday to Saturday | Monday |
๐ Note: If a remittance day falls on a public or bank holiday, itโll be processed on the next working day.
Once your COD remittance is credited to your vFulfill Wallet, you can submit a request to withdraw the funds to your bank account at any time. Simply follow the withdrawal process, and the amount will be transferred according to your bank's processing times.
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โTo ensure you're always informed about your payouts, letโs go over how you can track your COD remittances.
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๐ How to Track Your COD Remittance Status
To check all the amounts that were transferred in a specific payout cycle, hereโs how you can track your remittance status.
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Step 1: ๐งญ Go to your Wallet >> Transaction Logs.
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Apply the Date Filter to narrow down the period.
โStep 3: โ
Choose Payment Status as Processed.
โStep 4: ๐ฏ Next, Click on Filter Transaction Heads and select COD Remittance.
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๐ This will list all the COD remittances processed in that periodโjust like what youโll see in the screenshots below.
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๐ฅ You can also download the CSV file for a detailed view or record keeping. If you're checking via CSV, simply apply a filter on the Approved On column to track payouts within a specific cycle.
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โ Wrapping Up
Thatโs it for this article. Now you know how COD remittance works and how to track it with ease.
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Keep an eye on your remittance schedule, use the wallet tools to monitor your payouts, and withdraw funds whenever you need them.
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And if you ever need support or clarity, our team is just a message away.
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๐ Next Steps
Now that you know how remittance works and how to track it, you might want to move your funds to your bank account.
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Check out our step-by-step guide on How to Withdraw Funds from Your Wallet
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