Use your Visa or MasterCard to satisfy your deposit requirements. A hold will be put on your credit card. There are no fees or charges for placing a deposit.*
Use your Visa or MasterCard to pay for your auction purchases. Note: iClosing (an Optimal Payments affiliate) will charge a 3% fee on all credit card payments.
Deposits and payments can be made by Visa or MasterCard.
Credit cards can be used for auctions in the U.S., Canada, Australia, Dubai or most countries in Europe.
Deposits should be placed no earlier than three (3) days before the auction.
A bid deposit authorization or hold does not result in a charge to your credit card but it does use up a portion of your credit limit. There are no service fees for placing a deposit with your credit card.
* Important note about bid deposits: If you are a successful bidder you must make a minimum payment of 10,000 (in the currency of the auction) or 25% of your purchases on the day of the auction. If Ritchie Bros. has not received this payment within 48 hours of the auction, your credit card hold will be converted into a payment and you will be charged a 3% iClosing Service Fee on this transaction.
An iClosing Service Fee of 3% will apply to all credit card payments.
Every item in Ritchie Bros. auctions is sold on an "as is, where is" basis. All sales are final and no sale shall be invalidated. There are no refunds and credit card payments cannot be reversed.
Bidding in person?
You can use your Visa or MasterCard to make bid deposits or payments when you bid on-site at auctions in the U.S., Canada, Australia, Dubai and most countries in Europe. Ask for more information on site.
About Optimal Payments
Optimal Payments Corp. maintains a safe and secure site to process credit card transactions made through the Ritchie Bros. Online Payment Service. iClosing, an affiliate of Optimal Payments, delivers escrow services for these transactions and gives Ritchie Bros. a guarantee of payment. Ritchie Bros. does not process credit cards, nor do we receive or store credit card information.
