Dropshipping - methods of payment
At Ikonka online wholesaler we offer several payment methods. The whole process is very simple and secure.
Bank Transfer:
Simply make a transfer of the value of your order to the account number provided. Please include your order number in the title. As soon as the payment is credited, your order will be processed. This is a very convenient option if you have several orders - you can pay for them with one transfer.
Trade credit:
With trade credit you have a few days (usually 4) to pay for your order. All you have to do is download the invoice and enter its number in the title of the transfer - the documents will be available in the customer panel within 24 hours.
How do I pay for my order at Ikonka Wholesale?
In order to pay the invoice, you need to make a bank transfer - all the data necessary for the transfer will be sent by e-mail after placing the order on our platform. In the case of multiple orders, one collective transfer is sufficient.
After 3 orders, you will receive a deferred payment credit. In this model, orders are processed, but there is no need to wait for the payment to be posted.
Important! The finished invoice contains all the necessary information to settle the transaction. All downloadable documents can be found in the customer panel.
IMPORTANT! Trade credit is excluded when 30% of the value of the invoices is unpaid on time
The amount of trade credit granted depends on the turnover realized in the last 12 months and is subject to change.
Payment terms and trade credits
The payment deadline that appears on the invoice indicates the day on which we should receive payment and is calculated from the date of issue of the document. If payment is not received by this date, the invoice will be marked as overdue and this will hold orders until payment is settled.
In order to process further orders after the maximum trade credit has been reached, credit must be released by paying the oldest orders or by depositing additional operating funds to the account balance.
Glossary:
Trade credit - is the total gross value of invoices that can be deferred. If the value of the credit is exceeded, the orders must be paid for fulfilment.
The allocation and amount of credit is decided by your account manager - he bases his decision on your payment history. Our starter package is awarded after the third smooth order.
Starter package:
Credit amount: to be determined with your account manager
Payment term for trade credit: 3 days
Credit limit - determines how much credit orders can be placed up to
Free credit - specifies how much is left of the limit
Balance - tells you how much is left to pay for invoices. If the balance is positive, it means there is an overpayment on the account
Deadline - specifies the time for payment of the invoice. The deadline allows for smooth logistics so that orders go out of our warehouse as quickly as possible without having to wait for the payment to be posted
