You can now set custom payment terms at checkout using the Payment Customization Function. In addition to renaming, reordering, or hiding payment methods, the new PaymentTermsSetOperation lets you define fixed, net, or event-based payment terms for each order, with optional deposits. Use the Payment Customization Function API to tailor both payment methods and payment terms to fit your business needs.
This is a companion discussion topic for the original entry at https://shopify.dev/changelog/payment-customization-now-supports-customizing-payment-terms