BIDIT
Bidit is a capability used by Fayt to allow a customer to make an offer on selected items, rather than paying the listed price. When you see a Bidit prompt on a product, you can submit a private offer for what you'd like to pay, rather than just buying at the listed price. Bidit checks your offer against the rules Fayt has set and responds in seconds with one of the following options
Once your offer is accepted, you can complete your purchase at that price through the standard checkout process. The accepted offer becomes a binding contract when you complete your payment at the checkout, just like any purchase from this site.
No, this is just between you and Fayt. Your offer is private and you are not competing with anyone else. This is not an auction.
You can make up to two bids, per product, per day.
If your bids are declined on a specific product, you are not able to bid again until after the cooldown period, typically after midnight on the day of bidding. You are able to continue shopping on the site normally.
You can also find another Bidit enabled product and try again.
A Bidit accepted price is held for 48 hours. You can check by going to the product you bid on, and clicking the Bidit button, your accepted price will be shown again.
If not shown, then you have reset and you can bid again. It can also be impacted if Fayt changes the pricing within this time period. If this happens, you will need to rebid.
No, if you simply want to pay the listed price, you can add the product to cart as per normal.
Once you accept your offer, your purchase sits with Fayt as we are the seller, responsible for processing your payment, fulfilling your orders, handling returns and customer service.
Bidit provides the technology that provides the offer process. Bidit does not sell goods, take payment or hold any goods.
A FEW THINGS TO NOTE:
