OnlineAuction.com said it was the first online auction to offer a "Verified User Program" that includes both sellers and buyers. Verified Buyer Members are checked through a monthly credit-card validation process identical to process for Verified Sellers.

In addition to Verified Sellers and Buyers, OnlineAuction.com also offers Verified Auctions. This option allows Verified Sellers to choose to accept bids placed only by Verified Sellers and/or Verified Buyers.

"Our goal is not only to provide a safe and secure site, but also a site much more affordable and less controlling," said Chris Fain, President, OnlineAuction.com.

OnlineAuction.com re-emphasized its commitment not to increase membership fees for Verified Seller Members and Charter Members for 8 years and guarantees the Founding Member rate for life. It allows sellers to list as many items as they wish for $8 a month, eliminating traditional online-auction per-item listing fees and final value fees (commissions).

http://www.onlineauction.com