How Do I Manage Payments
When you use BNSBids to sell, you must use a payment gateway, we use payment gateways because it is the safest way to send and receive payments online.
Payment Gateways handle online payments. They are facilitators that securely transfer payment information between online stores (websites) and user accounts. Payment Gateways check for funds availability and authorize payments between merchants and customers. Customers place orders, select the desired payment gateway, and are redirected to the payment confirmation page. The Payment Gateway processes the payment, and according to the response received, authorizes the transaction or displays a failure message.
All our community of sellers (and buyers) only need to add their payment gateway Email ID and nothing more. All available payment choices on BNSBids are secure, so users can rest assured that their personal data is safe.
Currently, we offer the following payment options; PayPal, WorldPay, Nochex, SagePay, 2Checkout, Skrill, Paymate, Authorize.net, and Amazon Payments.
How to Get Paid:
Sellers manage their own payments. When you sell on BNSBids you take payment directly from the buyer's payment gateway, this payment will go directly to the seller's payment gateway.
This allows you as a seller to manage all your sales, VAT, including refunds and returns.
International import VAT:
Sellers have the option to list and offer International shipping, Sellers manage and collect all product import charges and are responsible for paying them import VAT charges to the relevant destination state/country including customs duty and any other charges.
It's mandatory that you display your VAT identification number(s) on BNSBids in connection with your listings. This can be done by updating your Sales Invoices field.
To do this go to Members Area > My Account > Account Settings - “Sales Invoices Custom Content”