One of the Most Popular Auction Website
Lelong.com.my
History Interbase Resources Sdn. Bhd. is a relatively young company that has come a long way from its humble beginnings. Since its inception at the end of 1998, the firm has quickly established a firm footing in the e-commerce arena. As the founders of the pioneer auction website (http://www.lelong.com.my) in Malaysia, Interbase has secured its position with the largest subscriber base for any site of this genre. With a mission statement of "Serving the community and bringing a high standard of quality into homes and businesses by providing an avenue for on-line trading at a low cost", the staff behind Malaysia's premier auction site continually strive to improve and develop its functionality without levying high costs. 
Main Income
1. Fees
(i) Membership
(ii) Posting auction/sales
(iii) D.I.Y. Banner Advertisement
2. Advertistment
Other websites' advertistment
Selling System
Each time you enter a Maximum Bid, your automatic proxy, AutoBid goes to work for you. AutoBid lets you set an upper bidding limit, which is your Maximum Bid, while keeping your actual bids as low as possible. If another party beats your initial bid, AutoBid raises your bid by one single increment more than the challenging bid. This pattern continues until another bidder exceeds your Maximum Bid, or until you win the auction.
Payment Channel
1. Online Credit Card
-Visa / Master
2. Interbank Transfer / Giro / Bank Counter
-Maybank
-Alliance Bank
3. E-banking Payment
-Open Bill Payment
4. Cheque Payment
5. Cash - in Lelong office
E-Banking In Malaysia
Pbebank.com
Below is the front page of pbebank.com.my(4th July 2008)
Services Provided
1.Realtime Account Inquiry
Keep track of your financial status anytime, anywhere with PBeBank.com. You can view your latest account balance, account details, and account transaction history online.
2.Payment History
Keep track of your past online payments as far back as 6 months at PBeBank.com and with complete details including date, type, reference number and amount.
3.Funds Transfers and Payments
With PBeBank.com, you can conveniently perform funds transfers to any accounts in Public Bank and other local banks. In addition, you can also make credit card and loan payments online.
4.Online Share Trading
5.Others service.
Conclusion
As a conlusion, it's still a new market for Malaysia in e-commerce. Since the total demand of online buyer grow rapidly, entrepreneur should build up a new e-commerce sites to gain online market share while there are still have oputunity in the internet.
References:
Malaysia's Auction Websites
Malaysia's Online Banking Websites
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