Merchants’ Positive Lists
What are the merchant’s positive lists?
The vendors usually don’t want to have a deal with customers if the process of payment is complicated or even if during this process some fraudulent actions from the customer been noticed by the merchant’s system. That is why the merchants’ positive and negative lists exist. They are created in order to simplify the work of the merchant as well as to escape any threats to the merchant’s capital.
It is a list designed or imported by the merchant with the aim to highlight customers that have no issues during the purchasing in the merchant’s organization. The term also can be used in order to tell about the best consumers, constant customers and others that have a good reputation in purchasing goods or services. So, unlike negative list where the merchant restricts certain counterparties from shopping from trader’s store, positive lists enable these functions.
The positive list can also be referred to as the stores/sellers/companies where the merchant buys the goods for retail. These are the sellers with whom the merchant constantly cooperates and conducts purchases.
The same happens with the supplier where the merchant buys goods. For instance, if the trader receives low- quality goods, he/she will put it to the blacklist. Nevertheless, if the quality is excellent, the trader will put the supplier to the positive list.