What is the meaning of Net-5 payment?

Net-5 payment terms means payment is due within 5 days of the invoice sending date. According to Net-5 payment terms, after generating invoice at the very first day of each month. Synchronous allows the customers to make payment within next 5 (five) days. For example, if the invoice is received on 1st of June, the payment is due within 5th of June. If any one fails to pay his or her subscription charge within provided time, his or her services will be interrupted.

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