Net 10 Payment Terms is a payment agreement whereby the customer agrees to pay their bill in full within 10 days of receiving the invoice. This type of payment arrangement is beneficial for businesses that need cash flow certainty and can offer discounts for prompt payments. By using Net 10 Payment Terms, businesses ensure they stay on top of their financial obligations and can better manage their cash flow. Additionally, this type of payment agreement allows customers to plan ahead and make timely payments, which can be an attractive business practice for them as well.