Payment Term Service¶
Payment term is a set of conditions required for the sale to be completed, e.g. the period that is allowed to a buyer to pay off the amount due. Payment terms may also include cash in advance requirement, cash collection on delivery, a deferred payment period of 10/20/30 days, etc.
In OroCommerce, you can use payment terms configured per customer to help them use the payment conditions guaranteed by their contract with your company.
Configure Payment Term Integration to enable payment term as a payment method on the checkout.