Future Internet PPP Use Case Project

Future Internet PPP

FInest Domain Dictionary

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Cash in Advance

The Cash in Advance or Advance Payment method allows the buyer to pay cash in advance to the seller. Paying in advance gives the greatest protection for the seller and puts the risk on the buyer. Payment does not guarantee the shipment or delivery of the goods from the seller. Therefore, the buyer will rarely pay cash up front before receiving an assurance that the goods will be shipped and that the quality and quantity of the goods ordered will be delivered.

See Trade Payment Methods

Last change: 2011-11-15

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