If you're selling something using Bike Hub Pay here's how the payout process works.
What triggers the payout?
Your payment will be released in the following situations:
The buyer has received and accepted the item; or
The deal has been deemed as accepted by Bike Hub*
* Deemed acceptance: An item will be deemed as accepted by Bike Hub in a case where 48 hours have passed since confirmed delivery with no acceptance or dispute logged by the buyer.
How long will it take?
Your payment will be processed within a maximum of two working days from the date of acceptance.
Where will I receive my funds?
Your payout will be sent to the bank account details provided upon acceptance of the offer. Payout can only be made to a South African bank account and account details will be verified before payment takes place.