What is Digi upfront payment?
wansyo, the Zero Upfront Payment for Digi PhoneFreedom 365 is available to eligible Digi Postpaid customers based on a set of criteria, which includes a combination of tenure, payment history and usage, among others (customer eligibility is updated periodically).
What does payment upfront mean?
If a payment is made up front, it is made in advance and openly, so that the person being paid can see that the money is there. Some companies charge a fee up front, but we don’t think that’s right. More Synonyms of up front.
What does no upfront payment mean?
— L.R., Perinton. Those ads probably refer to a mortgage plan that lets the borrower add closing costs to the amount borrowed, so that they’ll be paid off, with interest, over the years.
What is the difference between upfront payment and advance payment?
Paying up front and paying in advance mean the same thing. You must provide the money before services are given.
What is another name for upfront payment?
What is another word for money up front?
| advance | down payment |
|---|---|
| retainer | prepayment |
| binder | cash advance |
| earnest | advance against royalty |
| disbursement | front money |
How can I check my digi postpaid contract?
Yes, you can check the contract period via Mydigi web ya, Log in to Mydigi web > Account > Plan setting.
What happens when you request an upfront payment?
An upfront payment is a type of transaction in which a client pays for part or all of a service before the project is started.
Is it up-front or upfront?
adjective Also upfront . invested or paid in advance or as beginning capital: an up-front fee of five percent and an additional five percent when the job is done. honest; candid; straightforward: He’s very up-front about discussing his past.
How do you ask for upfront payment?
When asking for an upfront payment, politeness can be the deciding factor. Let the customer know how much you appreciate the opportunity to do business with them. Be firm but respectful in stating your payment requirements. Try to see their side of the issue and don’t lose your cool, even if they sound unreasonable.
What is the risk of advance payment?
Risks with Advance Payment One of the most significant risks with the advance payment is for customers. They may get into trouble if the seller fails to fulfil the deal. It might be challenging for buyers to get their money back once the company they had invested in is declared to be bankrupt.
What do you mean by advance payment?
Advance payments are amounts paid before a good or service is actually received. They can be applied to a sum of money provided before a contractually agreed-upon due date, or they may be required before the receipt of the requested goods or services.
What is the opposite of upfront payment?
Accountants use the term of payment in arrears (as opposed to payment “in advance”), although this also has an alternate interpretation, meaning that the customer hasn’t paid the account on time (i.e. the account is in arrears).
Do you have to pay upfront for Digi?
If you’re eligible, a credit card is required for auto billing registration. Without a credit card, you’re required to pay a 12-months upfront payment which will be refunded as monthly bill rebate for 12-months.
What does up front payment mean in accounting?
“Upfront payment” is prepayment — money you pay before you get the goods or service. In accounting, upfront payments are “unearned fees” and must be entered as liabilities on the balance sheet.
What is the definition of upfront payment in NISP?
Upfront Payment means the Fee of that name, as set out in Table 2 in Annexure B1, payable per Place. Upfront Payment means the cash payment made by a NISP Phase 1 Participant to the Enterprise for the purpose of paying its NISP Phase 1 Capital Funding Obligations. Upfront Payment means $767,800,000.
What does upfront payment in a license agreement mean?
Upfront Payment means any payment from a Counterparty pursuant to an Additional License Agreement payable at the time such agreement is executed. Upfront Payment means $1,660,000 less 20% of the Legal Fees.