OPTA is a tool that streamlines the payment processing of auction proceeds and cleaning deposits for a hassle free, fully online auction payout solution for bidders and facilities. OPTA provides bidders and facilities with the option of using an online payment tool to pay by credit or with debit card and setup autopay to save a card for future transactions. OPTA eliminates the requirement for a facility to receive payment in person upon pickup of a sold auction.
Functionality:
Processes online payments from winning bidders
Processes refundable cleaning deposits (returns or charges cleaning deposits)
Automatically generates and manages invoices
Ensures secure transaction processing
Manages payment history and tracks invoice status (opened, paid, pending)
Ensures transparent transactions
Allows facilities to communicate to winning bidders
Empowers facilities to manage the post auction sale process online
Bidder Benefits:
Faster Payment
Faster cleanout process – Bidder made payment with cleaning deposit, and it is automatically refunded after a set period
Receive property instructions electronically
All online (cash free) process
Verification Codes – sent to bidder upon completed payment as well as sent to facility to verify the payment has been made and can be used at pickup to verify payment
Facility Benefits:
No intervention required
Eliminate cash transactions at facility
Automate instant charge and payment
Money trace / easily auditable
Payment transparency
Automatic cleaning deposit processing
Free up time for other tasks
Faster communication with bidders through portal
Custom instructions can be sent to winning bidder
Seller Dashboard - Historical ratings and history of bidders
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