How does payment work on bid or Buy?

How does payment work on bid or Buy?

Sellers can accept credit card payments through the bidorbuy system. Sellers have the option to accept or reject each credit card payment. Once accepted, the funds are credited to the seller’s bidorbuy account. Sellers can request a payout to their own bank account at any time.

Can you get scammed on bid or Buy?

“Instances of outright scamming attempts are rare on bidorbuy. “If a buyer suffers a loss after purchasing from a verified seller, we as bidorbuy will reimburse the buyer for the loss, or to the amount to which the seller was verified.”

Does bid or buy delivery?

There are many different shipping methods available on bidorbuy. Delivery times will vary depending on the options offered and selected. An item posted via regular post will take longer to arrive than… All sales and transactions on bidorbuy take place online.

Why is bid or buy cheap?

When you buy on bidorbuy, you are buying directly from sellers registered on the site. That means that you are more likely to pay less for the same or similar item than you would normally pay anywhere else.

Is bid or buy South African?

bidorbuy is a South African online marketplace that connects buyers with sellers through online auctions and fixed price sales.

Can you pay cash on Bid or Buy?

The payment methods or options are determined or selected by the Seller, you will have to make payment via one of these methods as advertised by the Seller – for example – EFT, direct deposit, cash deposit, credit card, bobPay, wire transfer etc.

How do I withdraw money from bidorbuy?

Log into My bidorbuy, click on the selling tab and at the bottom of the left hand side navigation menu under BOBPay Payments you will find Payout Request. Complete the requested information and submit the form. Payouts are processed every business day.

How do you cancel a bid on Bid or Buy?

1. Go to your ‘my bidorbuy’ and get into the ‘Seller View’.
2. Click on “Open Items” in the ‘Activity’ section.
3. In the page that appears, click on ‘View Bids’.
4. Click on ‘Delete’.
5. Choose a reason from the drop down and click on ‘Submit’.

How do I set up shipping on Bid or Buy?

The selected shipping options will appear in your item listings, under the Shipping and Payment tab. To set up your shipping charges with the bidorbuy shipping table, go to the Selling section of My bidorbuy. Find the Sales support section and click on Shipping charges. Here you specify the shipping methods you offer.

How long does bid or buy shipping take?

We generally allow 7 days for a transaction to be finalised, this takes into account things like payment delays, shipping or delivery times etc.

Is bid or buy second hand?

You can buy practically everything on bidorbuy, from brand-new products to second-hand items and hard to find collectibles. When you buy on bidorbuy, you are buying directly from sellers registered on the site.

What is the spread between bid and ask?

Spread is the difference between these two prices. In other words, it is a commission you pay to your broker for every transaction. For example, the EUR/USD Bid/Ask currency rates are 1.1250/1.1251. You will buy the pair at the higher Ask price of 1.1251 and sell it at the lower Bid price of 1.1250. This represents a spread of 1 pip.

What is the difference between the bid and the ask price?

The bid price represents the maximum price that a buyer is willing to pay for a security. The ask price represents the minimum price that a seller is willing to receive. A trade or transaction occurs after the buyer and seller agree on a price for the security.

What does it mean when the bid and ask are close together?

The gap between the bid and ask prices is often referred to as the bid-ask spread. What Does It Mean When the Bid and Ask Are Close Together? When the bid and ask prices are very close, this typically means that there is ample liquidity in the security.

Which is the best definition of a bid?

A bid is an offer made by an investor, trader, or dealer to buy a security that stipulates the price and the quantity the buyer is willing to purchase. more Bid Price Definition