What is the “Buy Now. Pay Later.” payment feature?
It’s a new way of purchasing tooling and raw materials from Xometry Supplies. Xometry Partners can purchase supplies interest-free and with no money down by deducting the cost of their Supplies order from the value of their active Xometry Jobs. This appears as a new payment method during checkout.
Who is eligible for the payment method?
Xometry Partners (with a status of Approved or PIP) are eligible to checkout on Supplies using this payment method.
How does it work?
During checkout, Partners will see a new payment method - “Buy Now. Pay later.” When selecting this payment method, the price of the Supplies Purchase will be deducted from the payout on their active Xometry Job.
What is required to use this payment method?
The Partner must specify
- Job Number - will be verified by accounting staff
- PO Number
What happens if the Partner spends more than the value of their Xometry Job?
Should there not be adequate funds to pay for the Purchase, Xometry Supplies shall invoice the Customer for payment. Payment shall be due upon receipt of the invoice unless pre-approved for payment terms.