South Africa online shopping store
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How It Works

Find out how you can get started, buying, selling, posting your own auction and bidding on items.

 

How to start?

How to choose your Preference?

How to bid for or buy an item?

How to sell an item?

How to pay for products you have won or want to buy?

Pay using different payment methods

How to sell effectively on My Bid Monster?

More ways of improving the sale of your products

Pay using different payment methods

How to withdraw your earnings?

How to deposit and fund your online Escrow account?

How to Fund your escrow account through Alertpay, PayPal and Moneybookers?

How to fund your account using Payfast and Paygate?

How we handle your Security?

How do I know the SSL certificate is protecting my information?

 

How to start?
You can be part of our growing global market in three simple steps.

  • Register to join the global market village. You can Register and join the global market village now.

  • Choose your type of account

  • Confirm your registration through the link sent to your email address.

  • Start buying and selling.

  • Subscribe to receive notifications about your prefered products and categories

 

How to choose your Preference?
On the My Bid Monster market place, you cannot be limited. Here you have an array of options and preferences to choose from.  For example, you have the option of choosing your trading currency, country, geographical location of trading partners, methods of payment and lots more. You can check out the preference here to see what you can do. You can set up your Preferences, now. PLEASE NOTE THAT OUR SITE CURRENCY IS THE SOUTH AFRICAN RAND. EVERY TRANSACTION WILL HOWEVER BE PROCESSED AS CONVERTED AMOUNTS IN THE US $.

 

How to bid for or buy an item?
To bid or buy an item or a product on My Bid Monster, click on the Buy link and chose your product from over 4000 categories. You can also locate your product by conducting a Search  or Advanced Search for the item you are looking for. My Bid Monster also offers users the opportunity of posting wanted adverts for free so that potential users can contact you. You can also search for items by country, currency, geographical location of buyers, or price range of products you are looking for.


Then place a bid or buy the product and pay for the item to complete the trading process. You will need to also rate your buying experience with the seller after you have received your item. For products you are bidding on, you will need to keep observe the auction to be sure you are not out bided.My Bid Monster will send you emails informing you about the state of your bids. Also, when you register and indicate that you want to receive subscription emails, you will automatically receive emails from your category of choice when an item is posted in your subscribed category

 

How to sell an item?
Registered members can sell their items by going to the Sell tab, choosing the product category and subcategory that is most suitable for the product they want to sell. You will then be led to the page where you fill in the details for the item. Describe your item in detail, and provide information related to the products to enable potential buyers reach you easily.

 

How to pay for products you have won or want to buy?
My Bid Monster offers members several payment methods. You will need to use the payment method chosen by the seller to pay for the product. The best way would be to fund your escrow account or online account. From this account you can readily pay for products and services on the site. Mony depositied into the account cannot be withdrawn except with permission from the site admin. Escrow funds must be used for the specific transaction for which thye are deposited.

 

Pay using different payment methods:
No matter where you are located, there is a payment method for you to transact, auction, buy and sell from  including moneybookers, paypal, paygate credit card and EFT, payfast credit card and EFT ( South Africa), local bank transfer in selected countries and all major credit cards can be used to transact on My Bid Monster. You can offer multiple payment options to potential buyers, depending on your target market and your geographical location as the seller and targeted audience. There are also multiple methods for withdrawing your earnings.


How to sell effectively on My Bid Monster?
You can improve your chances of selling and exposing your products and items to buyers by using several advertising opportunities offered on the My Bid Monster site.

  • Pay Per Click advert (PPC). For more information, go to Advertising

  • Pay Per Impression adverts (PPI). For more information, go to Advertising

  • Featured listings

  • Bold Listings

  • Highlighted listings

More ways of improving the sale of your products

  • Upload you tube videos from www.youtube.com  for listing your products.

  • Post slide pictures or a series of pictures for your product or item.

  • Communicate with potential sellers using the Private Message Board (PMB).

  • Upload digital files

 

Pay using different payment methods:
No matter where you are located, there is a payment method for you to transact, auction, buy and sell from  including moneybookers, paypal, paygate credit card and EFT, payfast credit card and EFT ( South Africa), local bank transfer in selected countries and all major credit cards can be used to transact on My Bid Monster. You can offer multiple payment options to potential buyers, depending on your target market and your geographical location as the seller and targeted audience. There are also multiple methods for withdrawing your earnings.

 

How to withdraw your earnings?
Registered members of My Bid Monster can withdraw their earnings through PayPal, through direct bank transfer in countries where we are able to offer this facility, including Nigeria and South Africa. (Ghana and Kenya coming soon). As we spread and localize our presence, this facility will be available to members locally through their local banks. For South African users, EFT withdrawal can be made through www.payfast.co.za  and www.paygate.co.za  to withdraw your earnings, kindly make a withdrawal request through the accounting dashboard found in the My CP panel.
For other parts of Africa, withdrawal can be made through Alertpay, www.alertpay.com and Moneybookers, www.moneybookers.com .

 

How to deposit and fund your online Escrow account?
To find out more about what an escrow account is and the benefits please see Escrow. You can fund your account through Paypal, www.paypal.com, Moneybookers, www.moneybookers.com, Alertpay, www.alertpay.com (integration on My Bid Monster coming soon), electronic fund transfer through your bank account in acceptable countries and cash deposit into our bank account. We are always working in integrating more payment gateways that will help improve your shopping experience.

 

How to Fund your escrow account through Alertpay, PayPal and Moneybookers?
My Bid Monster, your ideal global market village presently has integrated PayPal and Moneybookers to the website. We plan to integrate more payment gateways to help make your trading experience both easy and convenient from every part of Africa and the world in general. Members can fund their account by going to Deposit Funds on your My CP tab and choose the appropriate gateway to fund your account. PayPal services over 160 territories while Moneybookers services over 200 countries and territories. Your account will be immediately be funded and your will receive an email notification.

 

How to fund your account using Payfast and Paygate?
Payfast and Paygate are South African payment gateways offering users the opportunity to pay and fund their accounts using immediate Electronic fund transfer (EFT) to their South African bank account, make credit card (Visa & MasterCard) payments from virtually any country in the world, pay and with UKash.
You will need to register with the sites. My Bid Monster has integrated these gateways to provide alternative payment method for members, particularly those using credit card for their transactions.


On using the payment gateways to pay for your transactions or fund your account, users are directed to their sites and immediately after the completion of the transaction on these sites, redirected to the My Bid Monster site.
Escrow accounts funded or payments made using these payment gateways will take at most 24hrs to reflect in your account.

 

How we handle your Security?
My Bid Monster as installed SSL certificate to help provide a secured and safe trading market place to registered members, buyers and sellers. All our payment gateways have installed SLL certificates for encrypting and protecting your information.

Furthermore, all credit card providing payment gateways, in addition to having SSL installed also secured 3D technology by VISA and MasterCard to further help provide confidence and a pleasant shopping experience on our sites. SSL stands for "Secure Sockets Layer". Secure Sockets Layer is a protocol designed to enable applications to transmit information back and forth securely. Applications that use the Secure Sockets Layer protocol inherently know how to give and receive encryption keys with other applications, as well as how to encrypt and decrypt data sent between the two.

The SSL protocol is the Web standard for encrypting communications between users and SSL (secure sockets layer) e-commerce sites. Data sent via an SSL connection is protected by encryption, a mechanism that prevents eavesdropping and tampering with any transmitted data. SSL provides businesses and consumers with the confidence that private data sent to a Web site, such as credit card numbers, are kept confidential.

 

How do I know the SSL certificate is protecting my information?
Customers know when they have an SSL session with a website when their browser displays the little gold padlock and the address bar begins with a https rather than http. SSL certificates can be used on webservers for Internet security and other secured purposes.
For more information and how to buy, sell and auction on My Bid Monster, you can visit the Forums or the Knowledge Base. You may also Contact us at any time.

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