Cash payments seem to be a thing of the past especially with the introduction of contactless payment bank cards. And not only that, cash is not accepted as the appropriate payment method for some type of purchases such as transport systems services.
Tagged: Credit Management
Many retail companies today are using a process which allows them to offer products to customers with the option to buy now and pay later (6-12 months). But how are they managing this process? Answer is: a credit management system.