HOW IT WORKS

THANK YOU FOR REGISTERING WITH REVENTER
PLEASE READ THE FOLLOWING IMPORTANT INFORMATION

CATALOGUE: With Reventer Online Auctions, users register only once with the auction platform where after you indicate on the Catalogue which auctions from which companies you are interested in and have to accept the specific terms and conditions for that specific auction to continue and participate reventer.co.za/future

AUCTION: To join a specific auction click reventer.co.za/auction and click on that auction wherein you want to participate. The timer will show when exactly the auction will begin. This is here where you have to be - the auction will start automatically at the specified time, and the lots will follow each other in sequence

AUCTION ACTION: We recommend that Vendors make use of our Dutch Clock system where asking prices start high and reduce every 15 seconds. The first bidder to the button will win the lot. - NO false bids possible

MULTIPLE AUCTIONS: Add more screens to your workstation and take part in as many auctions as you want, simultaneously

PAYMENTS: Take note that specific amounts like buyers' commission and the purchase price (or a % thereof) become payable after the auction. Please make sure you know what amounts need to be paid after the auction as that amount must be available in your account and will be reserved in your account

If you do not have sufficient funds in your account you will not be able to participate beyond certain asking price levels and lose out on a lot. Visit reventer.co.za/gpay/orders to check your available balance. Please visit this link after auctions and click on "ORDERS" to see the breakdown of your transactions. (On Mobile devices please scroll down until you see Transactions or Orders options.

Money paid into your account can be withdrawn to your registered bank account only at any time and transfer thereof is subject to normal bank electronic transfer times.

FINANCIAL INFORMATION: Your financial information is safe and it is not shared with us.

FUND YOUR ACCOUNT: When making payments to fund your Account, use your registered Mobile Number as a reference:

Account number: 410262064
Account name: REVENTER PTY LTD
Branch name: CENTURION LIFESTYLE BRANCH
Branch code: 012645
Swift code : SBZAZAJJ
Universal Bank Code: 051001
Payment processing times:
ABSA to Nedbank: 24 – 48 Business Hours
FNB to Nedbank: Up to 2 business days
Nedbank to Nedbank: Same day
Bank cut-off times:

ABSA Bank:
Mondays to Fridays 06:30 – 16:15
Saturdays 06:30 – 09:15

FNB Bank:
Mondays to Fridays 06:30 – 15:45
Saturdays 06:30 – 09:45

SBSA:
Mondays to Fridays 06:30 – 15:45
Saturdays 06:30 – 09:30

Nedbank:
Mondays to Fridays 06:30 – 17:45
Saturdays 06:30 – 12:15

WHY YOU SHOULD MAKE USE OF REVENTER

Cost Effective - Low Risk - Easy To Use
It allows anybody to present their own online auction and sell their goods to reach maximum profitability!

Integrated guaranteed payment system via gpay.co.za our trusted third party payment processor

Reventer.co.za is an online auction platform with two different auction strategies including a fast, Forward Bidding function and a Reverse Auction function that offers total transparency. We recommend using our Reverse Auction model where you only need one bidder for a successful auction. This auction action offer the best consumer confidence for various reasons

Use your own Terms and Conditions and customised commission structure options for your auctions

Build your own online auction brand with Reventer - while our platform might end up costing you nothing with everything to gain.


See how easy it is to start your own online auction by clicking on an option below.

WATCH OUR VIDEOS TO SEE HOW EASY IT IS

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