User flow
1. Checkout / Invoice Selection
At checkout or invoice review, the buyer selects:
Pay on Invoice — Net-30
The buyer is shown:
Total invoice amount
Payment due date (30 days from purchase or shipment)
Where enabled, the buyer is informed that the invoice may be settled using a split payment schedule within Net-30 (two payments).
Note: choosing the split payment option increases reliability and trust from Yumi towards the buyer, hence allowing potentially higher limits.
2. Buyer Eligibility & Limits
Yumi evaluates eligibility in real time based on:
Buyer business identity and verification status
Transaction amount
Historical repayment behavior (if applicable)
Yumi applies per-buyer and per-transaction limits, starting conservatively for new buyers and increasing over time based on repayment history.
3. Approval & Order Completion
If approved:
The order is completed immediately
The buyer receives an invoice displaying:
Invoice amount
Net-30 due date
Split settlement schedule (if applied):
50% of the invoice amount due on Day 15
Remaining 50% due on Day 30
Payment instructions
No upfront payment is required at checkout.
4. Invoice Period (Day 0–30)
During the invoice period:
No buyer action is required unless a split payment is scheduled
Buyers may view outstanding invoices, due dates, and scheduled payments
If the split schedule is applied:
50% of the invoice amount is automatically collected on Day 15
The remaining balance continues to be payable on Day 30
Optional extensions (e.g. +15 days) may be offered according to policy and are explicitly priced.
5. Payment at Maturity
On the Net-30 due date (Day 30):
Any remaining balance (50%) is settled in a single final payment
No additional installments or amortization apply beyond Day 30.
6. Late Payment Handling
If any scheduled payment is not received on time:
Yumi manages reminders, dunning, and collections directly with the buyer
Short extensions or payment arrangements may be negotiated where permitted
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