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I want to place order programmatically using cash on delivery method for COD.

What value I need to pass? please help me to solve this?

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You can assign by cashondelivery

Something like this

$quote->setPaymentMethod('cashondelivery');

$quote->getPayment()->importData(['method' => 'cashondelivery']);
$quote->collectTotals()->save();

$quote = $this->cartRepositoryInterface->get($quote->getId());
$order = $this->cartManagementInterface->submit($quote);

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