Auction payment processing
Payment Processing for the Auction Industry
AuctionPay is a complete payments platform built for auctioneers, with hassle-free, cost-effective merchant services — designed to save you time and money, and to help maximize bidder participation.
Bidpath partners with AuctionPay for payment processing. AuctionPay integrates with your auction software whatever you run, Bidpath included.
Why auction houses need payment processing built for auctions
Auctioneers have put up with the same three problems from general merchant service providers for years:
- Inflated monthly transaction fees. Fee structures written for predictable retail volumes, applied to a business that does not work that way.
- A lack of flexibility and control. Little visibility into your own transactions, chargebacks and deposits, and little say in how any of it is handled.
- Consistently being misunderstood as high-risk. High-value lots and first-time bidders look like risk to a processor that does not understand auctions. AuctionPay was built by people who do.
What AuctionPay offers
Innovative Payments
Accept online and in-person auction payments, with the tools to take payment with ease — all major credit cards, a backend dashboard for transactions, chargebacks and deposits, and an online virtual terminal.
Secure & Reliable
A PCI DSS certified platform with encryption, fraud prevention and real-time fraud detection that safeguards both buyers and auctioneers.
Lower Transaction Fees
Reduced transaction fees to save your business money — processing payments cheaper and more efficiently, so you can get on with running your business.
At a glance
- All major credit cards, online and in person
- PCI DSS certified, with encryption and real-time fraud detection
- Backend dashboard for transactions, chargebacks and deposits
- Online virtual terminal
- Reduced transaction fees
- Works with your existing auction software and payment gateway
- Daily billing rather than monthly
Works with the auction software you already run
Integration works regardless of your existing bidding platform or auction software. AuctionPay works with many auction software providers and payment gateways — including SAM Auction Software and Go-Auction, alongside gateways such as NMI and Authorize.net.
Switching is straightforward. The main difference you will notice is daily billing rather than monthly, and a healthier balance sheet.
FAQ
Frequently asked questions
What is AuctionPay?
AuctionPay is payment processing built for the auction industry. It is a complete payments platform that lets auctioneers accept online and in-person auction payments through hassle-free, cost-effective merchant services.
Is AuctionPay a Bidpath product?
Bidpath partners with AuctionPay for payment processing. AuctionPay is its own payments platform and integrates with many auction software providers, Bidpath included.
Why would an auction house use auction-specific payment processing?
Because general merchant service providers tend to charge inflated monthly transaction fees, offer little flexibility or control, and consistently misunderstand auction businesses as high-risk. AuctionPay was built for the auction industry specifically.
Can auction houses take both online and in-person payments?
Yes. AuctionPay supports both online and in-person auctions, accepting all major credit cards, with a backend dashboard covering transactions, chargebacks and deposits, plus an online virtual terminal.
Is AuctionPay secure and PCI compliant?
Yes. AuctionPay is a PCI DSS certified platform and uses encryption, fraud prevention and real-time fraud detection to safeguard both buyers and auctioneers.
What auction software does AuctionPay integrate with?
Integration works regardless of your existing bidding platform or auction software. Named integrations include SAM Auction Software and Go-Auction, along with payment gateways such as NMI and Authorize.net.
Which payment platforms are built specifically for auction transactions?
AuctionPay is built for the auction industry rather than adapted from retail. That means fee structures written for auction volumes instead of predictable retail ones, visibility and control over your own transactions, chargebacks and deposits, and a processor that does not treat high-value lots and first-time bidders as inherent risk.
What should an auction house look for in a payment processor?
Five things worth checking: whether the fee structure was written for auction volumes or for retail; whether you get visibility and control over your own transactions, chargebacks and deposits; whether the platform is PCI DSS certified with real-time fraud detection; whether it handles both online and in-person payment; and whether it integrates with the auction software you already run.
Does it work for both live and timed sales, and for online bidder checkout?
AuctionPay supports online and in-person auction payments, so it covers online bidder checkout as well as payment taken in the room. Integration works regardless of the bidding platform running your live or timed sales.
How do we get started with AuctionPay?
Get in touch with Bidpath and we will introduce you to AuctionPay, or contact AuctionPay directly at sales@auctionpay.net or +1 415 543 5825.
Cut costs on payment processing and defend against chargebacks with AuctionPay
Reduced transaction fees, and real-time fraud detection that protects both you and your buyers. Find out how much your sale could save.
Or speak to AuctionPay directly: sales@auctionpay.net · +1 415 543 5825 · auctionpay.net