Stop Chasing Checks. Start Getting Paid Instantly.
The auction isn’t over when the hammer falls. It’s over when the money is in the bank. It’s time for auction payment processing… Fun fact, it’s built into Selling Lane.
For too many auctioneers and dealers, the “collection phase” is a nightmare of phone tag, lost checks, and manual data entry. You sold the asset in seconds, but it takes three days to get paid.
Selling Lane fixes this with fully integrated Payment Processing.
Whether you are selling a $50 antique or a $50,000 truck, our system makes the checkout process as smooth as buying a book on Amazon.
The Buyer Experience: “Click to Pay”
In 2026, buyers expect convenience. If you make them drive to the bank to get a cashier’s check, you are adding friction to the sale.
With Selling Lane’s Buyer Portal, your customers can:
Securely Store Cards: Add credit cards during registration or update them in their profile instantly.
One-Click Checkout: View their won items, select “Pay Now,” and complete the transaction in seconds.
Instant Invoicing: The moment the payment clears, the system generates a “PAID” invoice automatically. No more waiting for the clerk to email a receipt.
The Seller Experience: Zero Data Entry
On your side of the desk, the chaos stops. You no longer need to manually mark invoices as paid or reconcile a separate credit card terminal with your auction software.
Real-Time Notifications: Get alerted the second a payment goes through.
Integrated CRM: The payment is automatically attached to the customer’s profile (e.g., “John Pays A Lot”) in your CRM. You see exactly who paid, when they paid, and how they paid.
Total Control: View and edit invoices, manage disputes, and verify funds from a single dashboard.
The EFT Advantage (Electronic Funds Transfer)
Credit cards are great for speed, but processing fees can eat into margins on high-ticket items.
That is why Selling Lane includes Integrated EFT (eCheck) Processing. This allows your buyers to pay directly from their bank account using their checkbook routing numbers.
Lower Fees: Significantly cheaper than credit card processing fees.
High Limits: Perfect for vehicles, heavy equipment, and real estate transactions where credit card limits might be an issue.
The “Utility Model” Difference
Most auction platforms charge a “Success Tax” or mark up the processing fees to make extra profit off your volume.
Selling Lane is different. We treat software as a utility. You bring your own gateway (or use our preferred partners), and you keep control of your rates. We facilitate the transaction; we don’t tax it.
