BWS Payment Policy
At BWS, we are committed to providing a transparent, efficient, and fair process for both buyers and sellers. This document outlines our policies regarding payments, returns, and refunds. Please read this carefully to understand our procedures and your responsibilities.
Payment Process
Receiving Payments from Buyers
- BWS receives payments from buyers for items purchased on our platform.
- Buyers can use various payment methods, including credit cards, debit cards, and digital wallets.
Deducting Fees
- Upon receiving a payment from a buyer, BWS deducts the appropriate fees from the total amount.
- The exact fees to be deducted will be displayed to the seller before the item is listed.
Transferring Funds to Sellers
- After deducting the fees, the remaining amount will be transferred to the seller in a clear and timely manner.
- Sellers will be informed of the exact amount that will be transferred after fees are deducted.
Fees
- The specific fees applicable to each transaction will be detailed before an item is listed.
- Fees may include a platform service fee, payment processing fee, and any applicable taxes.
Timely Transfers
- Funds will be transferred to the seller’s designated account promptly after the transaction is completed and fees are deducted.
- Sellers can expect their funds to be transferred within 2-3 business days after the sale.