From November 15, MFast officially launched the MFast Pay Later product, a Deferred Sales model completely different from the market. increase income diversification opportunities for MFaster. Follow the following article to know the notes when using the deferred purchase and sale service.
The concept of deferred purchase and sale
Deferred payment is a form of sale in which the buyer only pays for the purchase after a certain period of time from the date of receipt of the goods. Deferred payment is the case where the buyer has received the property for sale and has to pay the purchase amount after a certain period of time.
A purchase with installment payments is a case where the buyer is entitled to receive the property for purchase and sale and must pay the purchase price in installments within a certain period of time. When buying and selling with deferred payment, the seller has the right to retain ownership of the property purchased with deferred payment. The buyer has title to the purchased property after paying the purchase price in full. Normally, the purchase and sale of assets subject to deferred payment or installment payments are applied to assets of great value when the buyer has economic difficulties and cannot pay the purchase amount immediately upon receipt of the property. The term of deferred payment and installment payment shall be agreed upon by the parties. This period may last for several years or months, at the option of the parties.
With “Delayed Sales” on MFast, instead of consumers having to go to retail stores to buy goods and services or shop online, MFast now brings products and services to their doorsteps through their team. powerful sales associates (MFaster) across the country, both helping customers have a completely new shopping experience, even when they are not financially ready, and bringing attractive income for MFaster.
Advantages of Deferred Sales on MFast
With MFast
- Sales channel with extremely strong commissions up to 3%: As long as customers have shopping needs and want to be paid late, please introduce their profile to MFast at MFast Pay Later.
- As soon as customers are approved, you will immediately receive a 3% commission. Simplified procedure to quickly increase approval time: Unlike financial loan processes, the deferred sales model has a simple, quick, and intuitive 15-minute approval process that requires no proof of income.
- Abundant customer base: This product allows MFasters to expand their customer base dozens of times, increasing their chances of reaching and closing a successful deal.
With end customers
- Benefits 3 No: Consumers can choose “Deferred Payment, Installment” options in accordance with their personal financial plan with the following benefits: 0% interest and 0% hidden fees
- Flexible deferred payment time: Customers can easily defer small flexible payments for 3–5 payment periods. This helps them reduce the financial burden of their monthly expenses.
In recent years, the form of buying goods with deferred payment and installment payment seems to have become a popular way and is used by many people. Hopefully, this article will help you better understand the knowledge of deferred purchases as well as know more about the application with convenient and useful deferred sales service.