Payment Policy

PAYMENT POLICY & OPTIONS

Thank you for choosing Upside Innovations as your product supplier. We have defined the following commonly used payment terms for your reference.

1. 1% 10 NET 30: If the bill is paid within 10 days, there is a 1% discount. Otherwise, the total amount is due within 30 days.
2. 50% Upfront NET 30: Half of the net amount must be paid upfront, and the remaining half must be paid and received within 30 days after the product(s) is dispatched.
3. NET 15 (also referred to as “15 days after days sent”): The net amount, or the total outstanding on the invoice, is expected to be paid in full and received within 15 days after the product(s) is/are dispatched.
4. NET 30: The net amount, or the total outstanding on the invoice, is expected to be paid in full and received within 30 days after the product(s) is/are dispatched.
5. NET 45: The net amount, or the total outstanding on the invoice, is expected to be paid in full and received within 45 days after the product(s) is/are dispatched.
6. Upfront: The invoiced amount must be paid in full before receiving the product(s).
7. Upon Approval: Credit is pending approval on credit application and references.
8. Delivery: The invoiced amount must be paid in full on delivery.
9. Pre-Pay and ADD (PPA): Freight charges are billed to the customer.
10. Customer Pick-up: The invoiced amount must be paid in full on the date that the customer picks up the product.
11. Credit Card: Credit card payment must be received to accept the order.