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Average Ratings 0 Ratings
Description
The PAYLAX escrow service ensures optimal security for transactions between unfamiliar parties. In this system, the seller only receives payment once the buyer has confirmed receipt and satisfaction with the purchased item or service. Funds are released through the buyer’s PAYLAX account, preventing the buyer from accessing the money without the seller's permission. Additionally, there is no requirement for the buyer to share any banking information. This arrangement allows the buyer to assess the quality of the goods before the seller is compensated. The seller is only obligated to receive payment once the buyer has securely deposited funds in an escrow account protected against insolvency. This structured process promotes fairness and transparency in every transaction. By design, the system eliminates the possibility of intentional fraud, ensuring that no goods are exchanged and no payments are processed without proper validation. Furthermore, any release of funds or refunds requires mutual agreement between the two parties involved, reinforcing trust and accountability. Ultimately, these measures work together to foster a safe and reliable transaction environment.
Description
The platform offers a comprehensive solution encompassing Logistics, Finances, and all functionalities related to Auction business within a single system. RamBase Auction Software seamlessly merges every aspect of auction operations, from consignment through to logistics and finance, into one cohesive unit. Once items have been sold, the system automatically generates invoices for buyers and ensures timely payments to sellers via RamBase. Additionally, the Auction balance feature serves as an effective tool for managing account settlements when a client acts as both a seller and a buyer at the auction house, simplifying counter accounting processes. This integration enhances operational efficiency and streamlines the overall auction experience for all parties involved.
API Access
Has API
No
API Access
Has API
No
Integrations
No details available.
Integrations
No details available.
Pricing Details
0,7% Fee
Free Trial
No
Free Version
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
No
Webinars
No
Live Training (Online)
No
In Person
No
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
No
In Person
Yes
Vendor Details
Company Name
PAYLAX
Founded
2015
Country
Germany
Website
paylax.com/en
Vendor Details
Company Name
RamBase
Founded
1971
Country
Norway
Website
rambaseauction.com
Product Features
Product Features
Auction
Absentee Bidding
Yes
Alerts/Notifications
Yes
Bid Management
Yes
Billing & Invoicing
Yes
Buy Now Option
Yes
Dutch Auction
No
Inventory Management
No
Live Auction
No
Membership Management
No
Nonprofit / Fundraising
No
Online Auction
Yes
Online Bidding
Yes
Online Ticket Sales
No
Proxy Bidding
Yes
Reverse Bidding
No
Silent Auction
Yes
Watch List
Yes
Website Management
No
White Label
No