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Payment Policy Update
Effective 7/1/2019
Attn: Account Payable
Providing multiple convenient payment options still is, and will always remain, of utmost importance to CIS. However, due to significant risings costs associated with credit card processing, we’ve made the decision to institute a credit card processing fee in accordance with the terms below which will be effective for orders placed on or after July 1st, 2019. This update will ensure we can continue to provide all customers with high quality service and sales at reasonable prices.
Additionally, zero fee payment options are available via check or ACH.
Standard policy terms are:
Payment Method | At time of shipment/Invoice | Net 30 | Past Due |
|---|---|---|---|
Credit Card | 0% | 3% Processing fee | 3% Processing fee, subject to 1.5% late fee |
Check | 0% | 0% | Subject to 1.5% late fee |
ACH/E-Check/Bank Transfer | 0% | 0% | Subject to 1.5% late fee |
Please be aware that if you process your payments through an outside service (not by contacting us directly) you will be required to calculate this fee and add to your invoice total.
If you have questions about the new payment policy, please contact your sales rep directly, e-mail [email protected], or call us at 866-446-8765.
Best Regards,
Todd Durham
CEO, CIS