in March 2020, Orderchamp launches the possibility for retailers to pay up to 60 days after their order. This gives the retailer time to sell first and pay later. As usual, the supplier is paid directly upon successful delivery.
Why is Orderchamp doing this?
Orderchamp is busy reinventing wholesale. In our digital marketplace, we connect independent retailers and brands to stay relevant for local consumers worldwide. In order to provide easy access to unique products for their stores; we take the pain out of pre-financing stock by allowing payment in 60 days.
Is this immediately available to everyone?
Orderchamp launches this in live Beta in February and is working hard to make this possible for as many retailers as possible. The limit, and the availability to of the limit, is determined by the algorithm which takes into account: store size, expected sales and history. If you want to be part of the first group for whom this limit is set, please contact us at firstname.lastname@example.org.
How does it work exactly?
During February we will offer the first retailers a limit on Orderchamp. You can find this limit with your account details (on the top right of your screen). If you make a purchase within the limit, the invoice is due on day 60. If you spend more than the limit, all you have to do is pay the amount over the limit immediately. Of course, you can always choose other payment methods (such as bank transfer, iDEAL or Bancontact) if you'd like to pay directly.