IC
Imran C

1 reviews | Active since Sept 2012

25 Feb 2015, 10:52

Bobpay payout useless!

I'm new to bidorbuy's bobpay eft system and as a seller it can become a bit frustrating. My first sale using the system went smoothly in the sense that payout was processed and payment received within 3 days. However my latest payout request has stalled with bidorbuy requiring confidential documents. Nevertheless I sent it in and up to now have not heard from them. I'm still in the dark as to whether its going to get processed or not.<br> <br> The other issue I felt was the requirement of such documents. There is no guarantee that bidorbuy will protect those documents by disclosing them to outsiders. It's not like we dealing with a bank here were there are consequences if gross negligence is found on their part. I understand that by requiring these documents, they can make it a safer environment for buyers. But I don't see how sellers will benefit. If the documents get leaked through a hack for example, its not good news at all. As a part time seller, you better off dealing on GUMTREE.

0
Replies (1)
bidorbuy
bidorbuy's reply25 Feb 2015, 12:27
Official
Hello inzaghi007,


The reason that we ask for documentation on these transactions is to protect both the buyer and the seller. We also need information on where funds are sent in order to mitigate risks associated with transactions.

This means that as a user of the site be it as a buyer or seller you enjoy much more protection than on a site like Gumtree.

You requested funds from us yesterday and we asked you for docs and which you provided and was received and processed today. The payouts are scheduled for the next billing run.

With regards to access to private information we do have policies in place to safeguard information and we also adhere to POPI and PAIA and you can find out more about this here: http://support.bidorbuy.co.za/index.php?/Knowledgebase/Article/View/161/6/paia---the-promotion-of-access-to-information-act

I hope this has helped and please feel free to contact us directly should you have any further questions.

Regards

Johan du Toit

Best regards,