If you are successful in winning the item; you will receive an email within 1hr of sale closure advising that you have been successful with confirmation of the item and other relevant details.
We use a split payment mechanism for invoicing and settlement. You will receive an invoice generated from our accounting software -MYOB typically within 24 hours of purchase showing the amount paid and any amount owing, which is due immediately.
The first $3,000 of any item purchased will be taken directly from your credit card which was specified during the registration process. For items greater than $3,000, an invoice will be provided via email showing the balance of $3,000 debited from this credit card and the balance owing, which is payable immediately.
Methods for payment of invoiced amounts above $3,000 include credit card (Visa and MasterCard) or Bpay. This will change with the introduction of Paypal in September 2009.