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Auction.ph Site Review – Online Deals

Auction.ph Auction.ph provides online market services where members can buy or sell goods and services, either through bidding or buying. After a potential buyer chooses an item, the buyer fills up a form and pays thru the site’s payment facilities.

Website Worth: $19,453.77 (Cubestat)
Daily Pageviews: 8,883 (Cubestat)
Daily Ads Revenue: $26.65 (Cubestat)

  • Implements Escrow system.
  • Payment methods of E-Money, RCBC Bills Payment, Megalink, BancNet Online, Globe GCASH, Smart Money.
  • Good member feedback rating system
  • Privacy protection for users with various security measures including SSL.

Forte: Auction system
Pros: Very intuitive interface. Reminds me of thinkgeek.com. They also implement a good and secured escrow system. Escrow is the process after a successful bidding or buying, which is an essential service for the security of transactions between buyer and seller to facilitate payment and receipt of purchase money. It is provided for the purpose of protection of every member, and for trust and safety of mutual members’ transactions, so Auction.ph cannot be a proxy or any buyers or sellers throughout this service. In my opinion, this is the safest transaction system for the online traders.
Cons: The type of payment facility may steer away some new users, although the online help is very informative for those wanting to get the best out of Auction.ph.

This review is part of the entry posted Five Best Philippine Sites for Finding Deals Online

2 Responses

  1. Many sellers at auction.ph do not want to use escrow system. Out of 10 sellers, only one said yes when asked if he/she accepts payments via escrow system. What?! Why? Maybe because, the system works too slow. For instance, when I emailed them (auction.ph) about the status of my purchase, I haven’t received a reply yet UP UNTIL NOW. I hope they will improve their service to invite more sellers and buyers in the near future.

  2. I was able to talk to one of the sellers and they also don’t want to use the escrew system because it is not good for them and not advisable for international system. And, I’ve been trying to pay via escrew it is always redirected, the fact the internet is very fast… I think the system got the problem. Must fix it, I think.

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