Online Components offers multiple different payment methods. The payment method chosen will determine when you are charged.
At the time of order, an authorization is placed on your credit card. This authorization is released within 5 business days and will naturally drop from your bank account.
Once your order is shipped, your card will be charged with the payment amount due for the product that is shipping. If you have a back-order, the remaining order will be authorized on your card again and the same process will occur until your order is completed.
During the ordering process, you will log in to your PayPal account and then proceed to confirm your Order. Payment will process for the order through PayPal with an authorization. Once your order ships, the charge will finalize in your PayPal account. Due to the secure nature of PayPal services, Online Components cannot accept PayPal payment for orders requiring a back-order.
When Wire Transfer is selected at the time of order, a separate email will be sent with a Proforma Invoice. It is required to submit payment before the order will process, as this is a pay in advance option.
Any changes made to your order will either require a new proforma invoice or a refund.
Customers who have been approved for Net Terms will have 30 days to submit payment after their order invoices. Payment is most commonly submitted via check, but options such as wire transfer or credit card are available. Speak with your accounting representative if you have any questions regarding this payment.