Terms payment method refers to a buy now pay later method. Terms would be the agreement between the Merchant and the customer which would state a budget and a set date for payment. The customer can purchase products without going through the usual pay demand and the merchant will invoice on a set date or set amount of time after the purchase has been made. Terms payments can be added for only specific customers or corporate accounts that the merchant has agreements with. Using policies the merchant can hide this payment method from all other customers.

How to Add a Terms Payment Method

  1. Click on the Store you would like to add terms to

  2. Click on Payment Methods underneath Payments

  3. Click on the Enable button under Terms

  4. Add your Deny and Allow policies

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