i-Auciton is a Web-based auctioning system which allows the end-users to bid on products, gifts, souvenirs or services using company's bonus point such as credit card points, airline mileage and retail bonus points. The aim is to increase the redemption of bonus points more quickly and thereby increase end-users' interest in obtaining more points (for bidding).

- Allows both open or closed bids
- Easy integration with any existing bonus point system
- Many built in security features including transactions are encrypted and merchants of one store cannot set up or modify auctions at another store