Deposits
How do winner's deposits work at auction?
Some sellers ask the auction winner to lock the sale in with a deposit — a fixed amount or a percentage of the hammer price, paid by PayID directly to the seller within 24 or 48 hours of the auction ending. Hunters never holds the money, and the deposit comes off what's paid at handover.
Before you bid
If an item requires a deposit, that's shown on the item page before you bid — the amount or percentage, and how long the winner has to pay it. Bidding on a deposit item means accepting those terms.
After you win
Your order page shows the seller's PayID and the exact account name your bank should display for it. If the name your bank shows doesn't match, stop and message the seller through the order page. Mark the deposit sent once it's gone; the seller confirms it against their own bank — that confirmation is the only thing that counts.
If the winner never shows
The deposit stays with the seller — that's the point of it. The seller can cancel the sale once the deposit deadline passes, the item becomes relistable in one tap, and missed deposits are recorded against the buyer's account.
If the item isn't as described
The mandatory condition report is the contract. If the item doesn't match it at inspection, don't complete the handover — the deposit comes back to you in that case.