What Is bobPay?

What Is bobPay?

bidorbuy offers to sellers a built-in payment solution which adds convenience, speed and efficiency to the transaction. There are two options:
  1. The bobPay credit card payment system allows sellers to accept credit card payments from buyers. bidorbuy receives the payment via a secure payment gateway and the seller is then credited with this amount.
  2. The bobPay EFT is available to all sellers provided they can receive payout requests into a South African bank account. bidorbuy has opened bank accounts with each of the major South African banks (Absa, FNB, Standard Bank and Nedbank), eliminating the usual delay for payments made between different banks. bidorbuy has also implemented a system to reconcile the payments received and in most cases both the buyer and seller are notified of receipt of the payment within half an hour of the payment being made.

    • Related Articles

    • bobPay Fees

      Currently bobPay EFT is free. There are no monthly, subscription or set up fees to offer bobPay EFT to use it. It is also free for buyers to use. Payout requests In order to withdraw funds paid via bobPay EFT from your bidorbuy account, you need to ...
    • What Is bobPay?

      bidorbuy offers to sellers a built-in payment solution which adds convenience, speed and efficiency to the transaction. There are two options: The bobPay credit card payment system allows sellers to accept credit card payments from buyers. bidorbuy ...
    • How to Make a bobPay Payout Request?

      Log into My bidorbuy, click on the Selling tab and find Payout request under Payments section. Complete the required information and submit the form. Payouts are processed every business day. Payout requests received before 9 a. m. on a business day ...
    • How to Request a bobPay EFT Refund?

      bidorbuy may under certain circumstances issue refunds for bobPay EFT payments made on purchases (in most cases when a seller has been blacklisted and bidorbuy still holds your funds). In order to request a refund the following procedure must be ...
    • Why is bobPay Mandatory?

      Several payment methods are mandatory on bidorbuy, because we want to make it easy for buyers to make payment and conclude their transactions. This also benefits the sellers. For details, please see Payment methods available on bidorbuy.