payment terms

Payment terms are the conditions under which a vendor completes a sale. Review these payment term examples for further explanation. Terms are setup by the merchant for processing and usually states returns as well.

Trade Credit: When ‘Status Quo’ Means It’s Time For A Change
Trade Credit: When ‘Status Quo’ Means It’s Time For A Change
December 06, 2019  |  B2B Payments

For Eyal Shinar, CEO of Fundbox, understanding the burden that cash-flow bottlenecks and delayed invoice payments have on B2B companies came through personal experience. His...

READ MORE >
Reverse Factoring Intensifies The B2B Late Payments Debate
Reverse Factoring Intensifies The B2B Late Payments Debate
October 28, 2019  |  B2B Payments

The Big Four auditing firms — EY, Deloitte, KPMG and PwC — have recently requested that the Financial Accounting Standards Board (FASB) provide clarity in...

READ MORE >
In Australia, Late Payments Under Govt Microscope
In Australia, Late Payments Under Govt Microscope
October 04, 2019  |  B2B Payments

Australia’s federal Labor Party has issued calls to scrutinize late payment practices that it has said are “unfair” to small and mid-sized firms. Separately, a...

READ MORE >
Splitit Launches B2B Installment Repayment Platform
Splitit Launches B2B Installment Repayment Platform
September 24, 2019  |  B2B Payments

Monthly installment payment solution provider Splitit is rolling out a B2B payments service offering, the company said Monday (Sept. 23) in a press release. Dubbed...

READ MORE >
Fundbox CEO: How To Fix The ‘Net Terms’ Economy
Fundbox CEO: How To Fix The ‘Net Terms’ Economy
September 24, 2019  |  B2B Payments

Allow us to be blunt: The B2B finance and invoice settlement system is broken. Well, that’s not entirely true – things tend to work pretty...

READ MORE >
Australia Tells Wine Sector To Kick Its Late Payments Habit
Australia Tells Wine Sector To Kick Its Late Payments Habit
July 23, 2019  |  B2B Payments

The Australia Competition and Consumer Commission (ACCC) is ramping up its efforts to promote faster payments to small suppliers in the wine industry, according to...

READ MORE >
In The UK, Fines May Loom For Big Firms That Pay Late
In The UK, Fines May Loom For Big Firms That Pay Late
June 24, 2019  |  B2B Payments

New proposals on offer from Minister of Small Business Kelly Tolhurst in the U.K. may hit large firms in the pocketbook — via fines, if...

READ MORE >
Freelancers Decry CNN’s 90-Day Supplier Payment Terms
Freelancers Decry CNN’s 90-Day Supplier Payment Terms
June 03, 2019  |  B2B Payments

News outlet CNN is reportedly set to wait 90 days to pay freelancers, according to reports last week from The Daily Caller. The publication said...

READ MORE >
The Vicious Cycle Of Trade Credits
The Vicious Cycle Of Trade Credits
May 15, 2019  |  SMBs

The rise of the gig economy exposed an issue that had plagued freelancers for ages: past-due invoices and cash flow. PYMNTS’ Gig Economy Index found...

READ MORE >