Payment Terms: Cash, Check, American Express, Visa & MasterCard. 14% Buyer’s Premium on all items sold (4% discount will be given if payment is made by cash or good check). Declined Credit Card Procedure: If the credit card on file is declined for any reason, a Parrott Auction crew member/representative will reach out to settle the outstanding invoice. If the buyer fails to pay the said invoice, the buyer(s) will be permanently banned until the $25 reinstatement fee is paid.  Insufficient Funds Procedure: If a check is returned for any reason at all, a Parrott Auction crew member/representative will reach out to settle the outstanding invoice. If the buyer fails to pay the said invoice, the buyer(s) will be permanently banned until the $25 reinstatement fee is paid.