|
Auctionbytes-NewsFlash, Number 1268 - April 28, 2006 - ISSN 1539-5065
| Next Story
Overstock Auctions Integrates Payment System
By Ina Steiner
AuctionBytes.com
April 28, 2006
|
Overstock.com has integrated Auction Checkout's payment service into its auction platform. Third-party sellers on Overstock.com Auctions can now accept credit card payments for auction sales without having a credit-card merchant account.
Overstock.com Auctions told users in January it was testing the feature, and now it is marketing the checkout integration through emails to users. Sellers who sign up for O-Auctions Checkout will have a logo appear in their listings. Buyers can click on the logo and pay with their credit card without the need to register.
Auction Checkout charges Overstock.com Auctions sellers $24/month, plus 2.19 percent of the transaction amount and a 24-cent per-transaction fee.
eBay's online payment service PayPal charges sellers either a standard rate of 2.9 percent plus 30 cents per transaction, or a merchant rate of 2.2 percent plus 30 cents per transaction (see the PayPal website for details http://digbig.com/4hhmd).
Note that Overstock.com Auctions mentions on its site that not all channel management services support O-Auctions Checkout.
Overstock.com Auctions also announced enhancements related to site design and search-engine optimization (http://digbig.com/4hhpw).
http://digbig.com/4hhkp
|
Email this story to a friend.
| Next Story
Related Stories
Overstock Auctions Tests Checkout System - January 10, 2006, Issue #1191
Overstock Auctions Launches O-Gallery - January 20, 2006, Issue #1199
Overstock Auctions Releases New Version of Listing Tool - January 26, 2006, Issue #1203
Overstock Auctions Eliminates 1-Day Duration Listings - February 20, 2006, Issue #1220
Overstock Auctions to Roll Out Seller Subscription Plan - March 03, 2006, Issue #1229
Consumers Purchase $8 Million in Goods on Overstock Auctions in Q1-06 - May 01, 2006, Issue #1269
Overstock.com Auctions to Launch Stores Offering - May 22, 2006, Issue #1284
Overstock.com CEO Patrick Byrne Talks about Online Auctions, eBay and Wall Street - June 21, 2006, Issue #1306
Overstock Auctions Launches Subscription Plan for Sellers - June 28, 2006, Issue #1311
Overstock Auctions Features Free Shipping Deals by TOASA Sellers - October 04, 2006, Issue #1381
Overstock.com Set to Launch Gift Finder Shopping Tool - November 17, 2006, Issue #1413
Overstock Terminates Trusted Merchant Program, Keeps BuySafe Program in Place - November 17, 2006, Issue #1413
Overstock.com Addresses Changes on Auction Platform - November 28, 2006, Issue #1420
Overstock CEO Says Auction Platform Has Not Met Expectations - November 30, 2006, Issue #1422
|
Discuss this story in our forums.
|