Payment Terms for Customers
April 28, 2012
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Date: 28-APRIl-2012  Last Updated: 14-AUGUST-2026

Overview

MICROSOLV provides payment options designed to support commercial, academic, industrial, and government customers worldwide. Payment terms vary depending on account status, geographic location, and credit approval.

Understanding available payment methods and account requirements helps ensure efficient order processing and timely shipment of products.


Payment Terms for Approved Credit Accounts

Customers with approved credit accounts may qualify for standard commercial payment terms.

Standard Terms

  • Net 30 Days

Payment is due within 30 days of the invoice date unless otherwise specified in writing.


Shipping Terms

Shipping terms may vary based on destination, carrier requirements, and order circumstances.

Common shipping terms include:

  • FOB Shipping Point
  • DAP (Delivered at Place), when applicable

Most shipments originate from:  Leland, North Carolina, USA


Payment Options for New Customers

Customers who do not have an established credit account may purchase products using approved advance-payment methods.

Customers Located in the United States and Canada

Accepted payment options include:

  • Advance payment
  • Major credit cards

Commonly accepted credit cards include:

  • Visa
  • Mastercard
  • American Express

Credit Card Security

For security purposes, credit card information should not be transmitted through standard email communications.

Preferred payment methods include:

  • Telephone payment with Customer Service
  • Secure online ordering platforms

These methods help protect sensitive payment information during the transaction process.


International Customers

For customers located outside the United States and Canada:

  • Advance payment is generally required prior to shipment.

International customers may also be responsible for:

  • Import duties
  • VAT or GST taxes
  • Customs fees
  • Brokerage charges
  • Other country-specific import costs

These fees are determined by local authorities and are not controlled by MICROSOLV.


Applying for a Credit Account

Organizations interested in establishing a MICROSOLV credit account may submit a credit application for review.

Benefits of an approved account may include:

  • Net 30 payment terms
  • Streamlined purchasing
  • Simplified order processing
  • Faster repeat ordering

Credit approval is subject to MICROSOLV review and qualification procedures.


Benefits of an Approved Account

Approved accounts can help organizations:

  • Simplify procurement workflows
  • Reduce administrative processing time
  • Improve purchasing efficiency
  • Consolidate invoicing activities

Account approval requirements may vary depending on customer type and purchasing history.


Key Takeaways

  • Approved customers may qualify for Net 30 payment terms.
  • New domestic customers may purchase using advance payment or major credit cards.
  • International customers generally require advance payment.
  • Import duties and taxes remain the responsibility of the purchaser.
  • Secure payment methods are recommended when providing credit card information.
  • Organizations may apply for a MICROSOLV credit account for consideration.

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