Bidla

Terms of Service

Last updated 2026-06-04

This is placeholder text pending review by a Maltese lawyer. Not the final legal document.

Who we are

Bidla is a peer-to-peer auction platform operated from Malta. Bidla is an intermediary only: we connect buyers and sellers and never take ownership of items or hold the sale principal beyond payment processing via Stripe.

Eligibility (18+)

You must be at least 18 years old to buy or sell on Bidla.

Binding bids

Every bid you place is a binding commitment to buy at that price if you win. Winners are charged automatically when the auction closes using the verified card on file.

Mystery (sealed-bid) auctions are second-price: the highest bidder wins but pays the second-highest bid, or the reserve, whichever is greater.

Commission

Bidla charges sellers a commission, taken as a platform fee on each completed sale. The buyer's principal flows to the seller via Stripe; Bidla retains only the commission.

Non-payment

If a winner's payment fails, we retry within a short grace window. Continued failure is a default: the item may be offered to the next eligible bidder or relisted, and repeated defaults suspend bidding.

Handover, payout and disputes

Items are handed over locally between buyer and seller. Seller payout is released after handover confirmation and a dispute window. Opening a dispute pauses payout pending review.