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Clear and Transparent Payment Terms: Set clear payment terms and conditions for all sales transactions. Communicate these terms to customers upfront, ensuring they understand their obligations and due dates.
Invoicing Efficiency: Send invoices promptly and accurately after product delivery or service completion. Include all relevant details, such as payment methods and due dates, to facilitate prompt payments.
Offer Multiple Payment Options: Provide customers with various payment methods, including credit cards, online payments, and bank transfers. Offering convenient options can encourage quicker payments.
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