Glossary

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Express or expedited shipping is a mode of eCommerce shipping that is faster than standard shipping. Although there is no specific timeframe to define expedited shipping as it depends on the location and the carrier. It is used for priority shipping by the customers and comes with some extra fees and can be same day, next day or two day delivery.

Related Glossaries

Credit note

Credit notes are discount certifiactes passed on to customers from suppliers to record a reduction in sales. In effect they reduce the payable due to the supplier against a particualr invoice

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Clicks

Clicks typically refer to instances where a user interacts with a webpage or a web element. Clicks are a fundamental measure of user engagement and are used to track user interactions with various elements on a website.

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COD collection fee

This is the fee assocaited with collection of cash at the time of delivery levied by courier partners.This fee is used to incentivise delivery executives to collect and safegaurd funds collected at the time of delviery and is also used to cover the charges incurred by courier partners in facilitating collection either via electronic means or hard cash, safegaurding these funds and processing them for remittance. This is usually calcaulted as the maximum of a fixed value or a percetnage of the amount collected

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2PL

A second-party logistics provider, commonly known as 2PL, is a carrier that owns and operates the mode of transportation for goods. This can include shipping lines that run ships, airlines that operate planes, or hauling companies that use vehicles. 2PLs are sometimes referred to as forwarders. For example, an airline company may also offer freight services to transport goods from the sender to the recipient.

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