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Amazon Business Invoicing Feature Takes Effect

PYMNTS

Pay by Invoice will not be available to every buyer on the platform – only those approved by Amazon Business. Payment can be made via wire, EFT, ACH or check. Amazon has also promised that it will handle credit risk assessment, billing and collection for its sellers. percent of the total invoiced amount.

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Amazon Business Adds Invoicing, Allowing Buyers To Delay Payment

PYMNTS

In its email, Amazon Business assured that companies will receive payment no longer than seven days past-due, while the eCommerce conglomerate also assured sellers that it will handle credit risk assessment, billing and collection. percent of the total invoice cost.