How does the dating site "What's Your Price" operate?

What's Your Price is a dating site that takes a unique approach to online matchmaking by incorporating a bidding system. A user begins by creating a profile, which includes personal details and photographs just like on conventional dating sites. What sets What's Your Price apart is its auction-style dating framework, where "generous" members, usually men, place cash bids on dates with "attractive" members, typically women. The idea is to incentivize the interaction and date by offering a financial reward. After the bidding process, if a price is agreed upon, both parties set up a time and location for the date. This platform aims to streamline the dating process and eliminate the ambiguity of whether someone is interested in going out. It should be noted that the payment made is strictly for the date arrangement; anything beyond that is at the members' discretion and separate from the transaction facilitated by the website.