Supermarkets’ “pay-on-scan” scam ups ante on suppliers

The supermarket giants are stringing out their suppliers by signing them up to “pay-on-scan” terms where the payment period begins, not when the goods are received at the warehouse, but weeks later when they are scanned at the check-out. Traditionally, the invoice period for grocery payment begins on delivery, when the goods actually change hands … Continue reading Supermarkets’ “pay-on-scan” scam ups ante on suppliers