Tirupati B2B outlines specific payment terms for its transactions to ensure clarity and efficiency. Here are the key payment terms:
- Payment Methods: Customers can make payments through various methods, including bank transfers, credit cards, and other online payment systems.
- Payment Timing: Payment is typically expected at the time of order confirmation or as specified in the invoice.
- Late Fees: A late fee may be applied for overdue payments, typically calculated as a percentage of the outstanding amount per month.
- Advance Payments: For certain orders, especially large or customized ones, advance payments may be required, often around 50% of the total invoice amount.
- Discounts for Early Payment: Discounts may be offered for payments made within a specified period, encouraging prompt payment.
These terms are designed to facilitate smooth transactions and maintain positive relationships with customers