Twin Cities Auctions Payment Guide
To make your purchasing experience as smooth and efficient as possible, we've outlined the accepted and non-accepted forms of payment below. Understanding these options will help you plan and complete transactions seamlessly.
Accepted Payment Methods
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Credit/Debit Cards:
We accept credit and debit card payments. A 3% transaction fee applies to purchase price over $5,000 to cover processing costs. -
Cashier's Checks:
Please issue cashier's checks payable to Twin Cities Auctions. This secure option is preferred for larger transactions. -
Mobile Payments:
We accept mobile payments through CashApp and Venmo. A QR code is available at the sales counter to ensure accurate payments. -
Wire Transfers:
Wire transfers are accepted for secure, direct transactions. Detailed instructions can be found [here]. -
Business Checks (Dealers Only):
Business checks are accepted from dealers who have signed our business check payment agreement, ensuring payment flexibility and security for dealer partners.
Non-Accepted Payment Methods
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Personal/Business Checks:
Personal and business checks are not accepted, ensuring streamlined and secure transactions. -
Cash Payments Over $500:
To comply with financial regulations and ensure safety, cash payments are limited to $500.
Important Payment Information
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Payment on Behalf of Someone Else:
If a payment is made on behalf of another person using a credit card, the payer must sign the "Payment on Behalf of Someone Else" form. Copies of IDs for both the buyer and payer are required to prevent chargebacks and ensure transaction security. -
Payment Limitations:
We only accept two forms of payment per vehicle to streamline the transaction process.
By familiarizing yourself with these payment options, you can ensure a seamless transaction process with Twin Cities Auctions. If you have any questions or need further assistance, please contact us.