Payment Terms
1.1 The Customer agrees to purchase goods or services from the Company on a Buy Now Pay Later basis, as agreed upon by both parties. 1.2 The Customer agrees to make the full payment for the purchased goods or services within one month from the date of this Agreement (“Payment Due Date”). 1.3 Failure to make the payment by the Payment Due Date will result in penalties being incurred by the Customer, as outlined in Section 3.
1. Payment Amount and Method 2.1 The total payment amount for the purchased goods or services is [Amount in Currency], payable in full by the Payment Due Date. 2.2
2. Penalties for Late Payment 3.1 If the Customer fails to make the full payment by the Payment Due Date, the Company reserves the right to impose penalties on the outstanding amount. 3.2 The penalties for late payment shall be calculated as [Penalty Percentage]% of the outstanding amount per [Penalty Time Interval] (e.g., per day, per week, per month) until the payment is received in full. 3.3 The Customer acknowledges and agrees to be responsible for any additional costs, such as collection fees or legal expenses, incurred by the Company due to the Customer’s failure to make timely payment.
3. Personal Information [Please provide the following information:] Full Name: Address: Phone Number: Email Address:
4. Entire Agreement This Agreement constitutes the entire agreement between the Customer and the Company regarding the Buy Now Pay Later arrangement. Any additional terms or conditions agreed upon by the parties shall be in writing and signed by both parties.
By signing below, the Customer acknowledges that they have read, understood, and agreed to the terms and conditions of this Buy Now Pay Later Agreement.