Secure Payment Methods in Sales Transactions

Posted by on Jan 6, 2025 in Commercial and Financial Management | 0 comments

In a sale-purchase obligation, the major involved parties (seller-buyer) are obligated as follows: the seller delivers the goods, and the buyer pays the price. Payment can be made as agreed between the parties:

Down Payment

This is a form of immediate delivery, typically in cash (banknotes, legal tender, coins, etc.).

Payment on Credit

This is done at a time or deadline posterior to the goods’ delivery, as agreed upon between the parties. As a rule, the price of the merchandise undergoes a small increase

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