Payment Options help you specifying payment methods you will accept from buyers for all the items you sell (you set these up once and they will then apply to all your items listed).

• Benefits of setting up Payment Options
  
• How to set up your Payment Options
  
• Types of Payment Options in detail

You can choose from the following payment methods

• bobPay - Online Credit Card Payment
• Other Payment Options

bobPay - Online Credit Card Payment

The buyer makes payment by his/her credit card using bobPay. This facility can only be offered by sellers that are Verified Users however is available to all buyers.

Once you have become a Verified User you will automatically be able to set up bobPay as one of your accepted payment methods. If you have this payment option enabled and a buyer makes a payment using his/her credit card you will then be given the option to accept or reject the payment. If you accept the payment you then become accountable for that payment (including any potential reversals by the acquiring bank due to fraudulent transactions).

Other Payment Options

Benefits of setting up Payment Options

•You can provide instructions to the buyers for payment methods
•You need to set up these preferences only once, thereafter you can reuse them for all your future listings

To set up your Payment Options:

•Go to your 'my bidorbuy' by clicking on the 'my bidorbuy' button at the top of the site and get into the 'Seller View'
•Click on 'Payment Options' in the 'Sales Management' section
•Select the check boxes next to payment methods of your choice
•Fill in the required details
•Click on 'Update Payments Options'

1. How do I register for bobPay?
2. Can I offer only bobPay to buyers?

1. How do I register for bobPay?

To accept payments via bobPay (credit card) you need to become a Verified User. Once you have been approved as a Verified User you can then go to your Payment Options in your my bidorbuy area and activate bobPay as one of your payment methods.

2. Can I offer only bobPay to buyers?

Yes. You can offer only the bobPay (credit card) payment option to buyers. You can do so while listing your item for selling on bidorbuy. In the 'Payment Options' section, just select the option that allows you to receive payment only through bobPay. Please note that if you have not selected bobPay in your Payment Options you will not be able to offer it to the buyers.