When a bidder registers for MaxSold, they must provide a valid credit card on file. Once an auction closes, all winning bidders are invoiced and their credit cards are processed immediately after. Our sellers do not have to worry about collecting payment on-site, and all taxes are collected and processed by us.
Payment for your items will be in the form of a single mailed cheque or secure direct deposit to your bank account, depending on which option you prefer. We will also provide you with a full report of every item, how much it sold for, and any commission taken.