There are three ways you can receive money from orders on your Channl website
- Your customer pays online using their Debit/Credit Card and the money is sent straight into your PayPal account. The supplier will invoice you the cost price and the remaining 30-40% margin is yours to keep.
- You allow 'On-account' orders to be placed by your customers, in this case you would invoice your customer with their normal terms and take care of receiving their payment and remitting payment back to the supplier when they invoice you.
- You allow 'On-collection' orders to be placed by your customers. In this instance you would take payment from the customer upon receiving the goods. You would pay the supplier upon invoice and take payment from the customer at your convenience.