Payment Policy
Premium Draws LLC – Payment Policy
Effective Date: September 24, 2025
At Premium Draws LLC, we value transparency and trust in every transaction. This Payment Policy outlines the terms and conditions for payment of goods purchased directly from us, whether through retail or wholesale channels. By placing an order with Premium Draws LLC, you agree to the terms outlined below.
1. Accepted Payment Methods
We accept the following forms of payment:
Major credit and debit cards (Visa, Mastercard, American Express, Discover)
ACH bank transfers (U.S. customers only)
Wire transfers (domestic and international wholesale accounts)
Authorized digital wallets and payment gateways listed at checkout
Cash (in-person transactions only, at authorized retail locations)
We do not accept checks or money orders unless pre-approved in writing.
2. Payment Timing
Retail Orders: Payment must be made in full at the time of purchase. No order will be shipped until payment is successfully processed.
Wholesale Orders:
First three (3) orders must be prepaid in full.
Net 30 terms may be extended to accounts in good standing after review and approval by Premium Draws LLC.
All invoices are due on or before the stated due date.
3. Currency & Taxes
All prices are listed in U.S. dollars (USD).
Applicable state and local taxes will be applied at checkout or invoicing in accordance with the law.
Customers are responsible for any customs duties, tariffs, or international fees on orders shipped outside the United States (if permitted).
4. Late Payments & Default (Wholesale Accounts)
Invoices not paid by the due date will be considered past due.
A finance charge of 2% per month (24% annually) may be applied to overdue balances.
Accounts with outstanding balances may be placed on hold until payment is received.
Repeated late payments may result in suspension or termination of wholesale privileges.
5. Fraud Prevention & Security
All transactions are processed through secure, PCI-compliant payment systems.
Premium Draws LLC reserves the right to decline or cancel orders suspected of fraud, unauthorized use, or payment irregularities.
Customers may be asked to provide identification or proof of billing authorization before an order is released.
6. Refunds & Chargebacks
As stated in our Return & Refund Policy, all sales are final unless the order is lost, incorrect, or damaged.
Chargebacks filed outside of these conditions will be considered fraudulent and disputed with the payment provider.
Customers who initiate repeated or unjustified chargebacks may be banned from future purchases.
7. Policy Updates
Premium Draws LLC reserves the right to update this Payment Policy at any time. Updates will be posted on our website and apply to all transactions made after the effective date.
8. Contact Information
For billing or payment-related inquiries, please contact:
Premium Draws LLC – Billing Department