Thursday, August 20, 2009

Auctions make more money with Safefunds

Safefunds offers a complete portfolio of services for operators of high value auctions, both traditional on-site and web based. By using Safefunds, the auction expands the pool of bidders, simplifies the payment process, and eliminates any payment issues.

With our system, high value auctions eliminate the verification of bank letters, cashiers checks, or credit limits. We expand the bidder pool because the buyers are not limited to the funds they carry into the sale.

At the conclusion of an item sale, the funds are immediately in the auction house account and the daily results are electronically transferred to the bank of choice.

There is no delay waiting for payments to clear and no charge backs. When the gavel comes down the payment is good.

Safefunds reduces costs and increases sales. Auctions make more money using Safefunds.