We’re excited to announce the launch of our buyer and seller protection service. Bike Hub Pay is a new payment service which offers peace of mind by allowing you to transact safely and securely.
How Bike Hub Pay Works
Buying with Bike Hub Pay
It all starts with spotting your dream bike on Bike Hub, but you might be hesitant to pull the trigger? Buying via Bike Hub Pay means your payment is held securely by us until you receive the bike.
If it does not arrive or is not what was described, no problem! Simply let us know, return the bike (if applicable) and we will refund your payment.
Selling with Bike Hub Pay
Bike Hub Pay will increase the number of potential buyers as Hubbers outside of the sellers region can now trade remotely with greater confidence. Increased demand means quicker sales and the best possible selling price. Buyers will be able to pay via EFT or Credit Card*.
Sellers, you can now enable Bike Hub Pay when listing your items for sale. All Bike Hub Pay enabled adverts are highlighted with a Pay shield. Buyers can make an offer to purchase directly from the advert page.
*Only for amounts up to R50 000, additional fees apply.
Fees
The Bike Hub Pay fee is paid by the Buyer. It is calculated as 3% of the offer amount with a minimum fee of R49 and maximum fee of R950.
Want to know more? Visit the Bike Hub Pay page to see how it works.
*Update – 4 February 2021: Minimum fee reduced from R100 to R49
*Update – 1 March 2023: Fee changed from the Seller to Buyer
Oh this service is gold. Well done!