E-commerce News
You can now set payment due dates on orders with deferred payments

If you operate your own e-commerce website through Shopify, you should know that the platform now offers so called “payment terms”, a new feature that will allow you to more easily manage deferred payments by setting payment due dates on an order.
You can set the payment terms by selecting “Payment due later” in the payment section of a draft order.
With payment terms, you can add a payment due date to a draft order or to a pending order created via online store.
It is also possible to choose between due on receipt, net terms (within 7,15, 30, 60 or 90 days), or fixed date.
More information can be found in Shopify’s e-mail notification regarding the matter:

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