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