A colleague told me that she offers net-30 payment option when she sells wholesale to her retailers, she simply asks for a credit card number in case there is a prolonged waiting for payment. My question is, how do I check to see if the credit card number is real and valid? Do I also ask for the expiration date AND the security code?
Thanks so much,
Autopilot Empires Jewelry
Very carefully !!
Having backup credit card information will only ease your payment concerns. If your customer actually has a valid credit card, why don't use it at the time of the order ? That in effect is the same as Net 30, but the credit card company is taking the risk.
The most important thing about issuing any credit terms though is to make sure that you know the customer very well.Publicada el 19/07/pm