Payment method
As a method of payment is called the possibility of a payment that the payee accepted. This includes, in particular, cash payments , bank transfers and payment by credit , customer , prepaid card , check or electronic money .
Within the framework of a credit agreement , payment terms also include all interest and repayment payments ( debt service ) when settling debts and define the time of payment, the method of payment and the frequency of payment.
The payment methods offered can have a significant impact on the purchasing and payment behavior of customers, as they have different payment terms and security features.
Individual proof
- ↑ Payment modalities. Premium Portal Ltd., archived from the original on August 29, 2004 ; accessed on August 25, 2020 (original website no longer available).