The charging structure for customers depends on the payment terms and your specific arrangement with Mondu:
- For net terms up to 30 days and 3-month installments, business buyers typically don’t pay any interest or fees
- For longer payment terms (beyond 30 days) and extended installment plans, Mondu typically charges a buyer service fee
- The decision to charge interest to customers can be determined jointly by the merchant/marketplace and Mondu
This flexible approach allows you to offer cost-free short-term payment options while maintaining the option for longer financing terms with appropriate buyer fees.