When it comes to accounts payable and account receivable, which method of collecting payment but paying the vendors at the time of shipment works best for online dropshippers?
Thank you Kemperk but ‘attention to details’. No one has mentioned anything about merchants and the whole question was asking about the method of receiving payments not which choice should I give buyers to purchase through.
They must hand out the TC now a days.
Paypal works very well if you’re small.
If you’re really big, you can set up your own credit-card processing ( it’s called merchant banking), but it’s expensive and can be a headache.
September 15, 2009
Horaayy..there are 2 comment(s) for me so far ;)
what method works best?
most of them dictate their requirements. I have never
known a TRUE drop shipper to give the buyer choices.
————
by the way; a drop shipper is not a type of company even though I have read of
some web sites advertising themselves
as such.
A drop shipper is any firm that is willing to delivery direct to a merchant’s clients.
All merchants can use those methods
but to call a merchant a drop shipper
is to laugh. IT is like calling a business
a company hoping to make a profit
business…….they are either not
legitimate companies or being very
silly.
References :
biz teacher
Paypal works very well if you’re small.
If you’re really big, you can set up your own credit-card processing ( it’s called merchant banking), but it’s expensive and can be a headache.
References :