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Payments Policy

Last Updated: Apr 30 2024 09:00

Overview


At Badlander Digital, we prioritize offering a variety of secure and flexible payment options to accommodate the diverse preferences and needs of our clients. This comprehensive policy outlines our payment methods, financing terms, and associated responsibilities to ensure transparency and mutual understanding.


Acceptable Payment Methods


Credit Cards: We accept all major credit cards, providing a convenient and immediate way to process transactions, ensuring prompt commencement of services.


Digital Payments via PayPal: This option is secure and ideal for clients who prefer online transactions, providing quick processing and user-friendly service.


Cryptocurrencies: Bitcoin and Ethereum are accepted, reflecting our adaptation to modern payment preferences. Transactions are calculated based on the real-time market exchange rates.


Trade of Service: We engage in trade of service deals where practical, assessing each offer for mutual benefit. Such agreements are formalized to ensure clarity and fairness.


Fees and Penalties


Late Payment Fees: If a payment is overdue by more than 30 days, a late fee of 5% of the outstanding amount is charged monthly. This is to encourage timely payments and ensure service continuity.


Non-Payment Consequences: Continuous non-payment will result in service suspension and potential legal action to recover due amounts. Clients will receive multiple reminders and opportunities to discuss payment resolutions before any legal steps are taken.


Client Responsibilities


Timely Payments: Ensuring payments are made as per the terms specified in agreements and invoices is crucial for maintaining uninterrupted service.


Accurate Transaction Information: Especially important for digital and cryptocurrency payments, clients must ensure that all transaction details are correct to prevent delays.


Proactive Engagement: Clients opting for financing need to maintain open communication about their financial status and adhere to the payment schedules as agreed in the financing agreement.


Trade of Service Agreements


Process and Evaluation: Proposals for trade of service must be submitted in writing and include detailed descriptions of the offered services. Each proposal is reviewed to assess its direct value and potential benefit to our operations.


Formal Agreement: Accepted trades will be documented in a formal agreement specifying the terms, expected services, and obligations of both parties.


Financing Options

Understanding that some of our clients may need flexibility in managing the financial commitment of larger projects, Badlander Digital offers tailored financing options. These options are designed to enable businesses to move forward with their projects without the constraint of immediate full payment, providing a manageable payment plan that aligns with their cash flow.


Eligibility and Application Process


Initial Eligibility: Financing is available to clients based on project size, complexity, and the client's previous financial dealings with us. New clients wishing to avail of financing may need to provide references or proof of financial stability.


Application: Clients interested in financing must submit a formal application detailing the project scope and the desired financing term. This application will be reviewed by our financial team to assess risk and alignment with our policies.


Financing Terms


Down Payment: All financing agreements require a down payment to commence work. This is typically set at 20% of the total project cost, securing the client’s commitment and partially covering initial project expenses.


Interest Rates: The interest rate applied to the financed amount is 8% per annum, calculated on the remaining balance. This rate compensates for the risk and administrative costs associated with deferred payments.


Repayment Schedule: Payments are structured monthly, and the schedule is detailed in the financing agreement. The standard term for repayment is up to 12 months, but this can be adjusted based on the project scale and client needs.


Responsibilities and Expectations


Client Responsibilities: Clients must adhere to the repayment schedule as outlined in their financing agreement. Timely payments are crucial to avoid penalties and ensure ongoing service provision.


Financial Documentation: Clients are expected to maintain accurate financial records related to the financed project and provide updates as needed or requested by Badlander Digital.


Default and Penalties: In the event of a default, where a client fails to make scheduled payments, penalties will apply. These may include increased interest rates, additional late fees, and potential cessation of services until the issue is resolved.


Benefits of Financing with Badlander Digital


Cash Flow Management: Financing allows clients to manage their cash flow more effectively by spreading the cost of a project over time.


Enabling Bigger Projects: Clients can undertake larger or more complex projects without the immediate financial burden, potentially leading to better outcomes and increased business growth.


Builds Long-term Partnerships: Our financing options are designed to build trust and foster long-term relationships with our clients, ensuring we are partners in their success.


Last Updated: Apr 30 2024 09:00

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