Alexandoy
VIP Contributor
In our economic culture buying stuff in the traditional convenience store was usually on credit. Most of the regular customers have a notebook in the store where the attendant would write the purchases. Normally the payment is on payday. However, the credit system only works for old time customers who are well-known to the owner of the store. That system worked well when I was young.
Now some independent convenience stores are still giving credit to the neighbors but there is a certain change in the credit arrangement – the total purchases has an add on of 10% for the payment. Sometimes the customer can haggle for a 5% add on only and some even have no add on. You know the neighborly gesture of some people, they are being too kind. But still, business is business so if a customer couldn’t pay on time then the credit line would be cut. Do you have that credit line in your country?
Now some independent convenience stores are still giving credit to the neighbors but there is a certain change in the credit arrangement – the total purchases has an add on of 10% for the payment. Sometimes the customer can haggle for a 5% add on only and some even have no add on. You know the neighborly gesture of some people, they are being too kind. But still, business is business so if a customer couldn’t pay on time then the credit line would be cut. Do you have that credit line in your country?
