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Jan 5, 2009 11:42:15 PM PST
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Olive : Unit of reward points on PhiMart.  100 olives = $1 eCash. Buying products from participating
sellers will get you olives.
eCash : Online currency used on PhiMart, which may be used on your product purchases.
Shoppers are rewarded for buying on PhiMart with our unique points-redemption system. Earn olives when you shop, then redeem them for eCash. eCash may be used on future purchases from PhiMart.
How Does It Work?

PhiMart Business and Premium Sellers distribute olives to the winners of their auctions. The number of olives given is determined by the sellers, and may be viewed on the item descriptions page. When you win an auction held by a Business or Premium Seller, you will receive the pre-determined amount of olives. These olives may be converted into eCash, which can be used just like regular cash on products sold by Premium and Business Sellers. When you buy from our Business and Premium Sellers, you're actually saving money on your future purchases.

How Does it Work

How Do I Get Olives?

You can earn olives by buying from Business and Premium Sellers, or by submitting your product reviews to PhiReviews.com. PhiMart may also run promotional offers from time to time. Watch your announcements for updates!

To buy from Business or Premium Sellers, just look for the Business and Premium Seller logo: Seller Logo

When Can I Use Olives/eCash?

Olives may be converted into eCash at any time in quantities of 2,000. 100 olives equal $1 eCash. You may use your eCash with any participating seller on PhiMart - Business and Premium Sellers must accept eCash for their products.

Olives-to-eCash conversion may be made through the My PhiMart page, under the Olives & eCash. Select the eCash tab, and you will be able to convert your olives if you have at least 2,000 olives.

Is There A Limit On How Many Olives I Can Receive?

No, but there is a limit on the number of olives sellers can give on a single product. When set as a percentage, sellers must give at least .5% of the final sale price, and at most 5%.

Olives and eCash can not be transferred, combined, bought, sold, or traded between accounts. Olives and eCash can not be redeemed for cash.
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