We select our members carefully and offer them exclusivity based on their strength and market position. On top of that, we provide our members with a proven payment and settlement system plus a payment protection plan. 7ConNetwork creates business opportunities and reduces risk management. The 7ConNetwork Payment Protection Plan is a self-funding plan grown by the yearly fees of its members.
In order to receive payment from the 7ConNetwork Payment Protection Plan, the recipient must report its receivables not before 60 days and no later than 90 days through the Credit alert tool. Failure to do so will result possibly in a payment failure.