You state Mobillcash is like giving 30 days or more terms to customers. How does this work?
When a customer pays the merchant with Mobillcash the transaction is completed immediately. The mobile carrier will bill the customer on the next appropriate bill. If the customer’s billing end date was yesterday then they would receive the bill typically 30 days from yesterday and assuming they have to pay this 15-20 days after receiving the bill, then in most cases the customer will get 30 or more days to pay the bill after making the purchase. ^ Back to the top.