Payment Methods:
Since Dealernetx.com operates as a peer-to-peer network, all payment methods are directly up to the buyer and seller to determine, and can be made by any approved electronic transfers made available on each member's profile page (EDIT PAYMENT OPTIONS).
Approvde options are: Bank ACH/Wire, Venmo, PayPal GS, Zelle, CashApp and Dealernet EFT site credits. Payment method must be agreed upon and remitted by the buyer before product is shipped unless the buyer is a certified Dealernet Elite member (Gold Star). Dealernet provides members the option of using Dealernet EFT to settle transactions, but note that any credit transfers between members are non-refundable and carry no explicit guarantees by Dealernet and should be treated as a bank wire transfer of funds. Once credit have been sent to another member it must be considered as an irrevocable transfer.
Buyer Protection options:
Payment options denoted with NBP (No Buyer Protection) indicate that the service does not offer any implied guarantee to the sender regarding delivery of the product. While these services are generally free to use, it is not recommended when dealing with a new trading partner unless the seller is Dealernet Elite Certified (Gold Star). While Paypal GS and similar services charge a processing fee, both parties are protected in the event of any type of fraudulent activity. When using a service that does charge a processing fee, it should be determined upfront whether the buyer, the seller or both parties will split any such fees if this type of service is utilized.
Bank Wire/ACH transfers:
Bank wires can be used to transfer funds directly between buyers and sellers. Please make sure all information is complete by the seller by filling out this form. The form can be uploaded directly to the transaction on the Documents tab from the seller to the buyer to make sure funds are remitted in a timely manner without delay or having the funds returned due to incomplete or incorrect information entered.