A Reverse Auction is an auction where the player places a bid in pence that they feel that no other player will bid - the lowest unique bid. There is a Minimum Required Bids Amount that is needed for the auction (or per item in the case of multiple item auctions). This means the prize is not released until the required amount of entries has been hit.

A Bid Fee is charged per bid this allows the customer to pay for the prize with the money gained on the mobile bid.

Costs Associated:

£50 per month + VAT

Includes:
Set Up
License Fee
Text Trigger of your choice (eg. company name, promotion name)
Cost Per Text: from 6.5p + VAT > see breakdown

Available Tariffs: 25p 50p £1 £1.50 upto £5

Income Chart

* Income after network charges and message costs.