At ShareGrid, we provide Buy & Sell buyers with two straightforward payment methods for purchases, distinct from rental payments. Here's a detailed guide on your available payment options:
1. Payment Card Payments:
Accepted Cards: All major US-based credit and debit cards.
Making an Offer: Your card is charged once the owner accepts your offer.
Buy It Now: Your card is charged immediately after you choose.
Associated Fees: A transaction fee of 2.45% + $0.30 applies to credit card payments.
2. Bank Transfer via Stripe:
Advantages: Opting for a bank transfer can help you save on payment processing fees.
Steps:
Linking Your Bank: Click 'Bank Transfer', select your bank from the list, and provide your online banking credentials. For your security, we never store these details.
Making an Offer: Submit your offer to the item's owner.
Payment Authorization: After the owner's acceptance, we can verify the funds in your account and place a hold on the required amount. Stripe might take up to five business days to confirm payment.
Finalizing the Transaction: You'll receive an email notification prompting you to meet the owner and finalize your purchase. If the item is being shipped, the owner will be alerted to dispatch the product after the bank transfer goes through.
Associated Fees: The transaction fee for ACH bank payments is 0.8%, capped at $5.00.
Whether you pay with a payment card or via bank transfer, our payment processes are designed to be smooth and secure. If you have any questions or need assistance, our friendly support team is here to help!