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EcommerceBytes-Update, Number 37 - May 05, 2001 - ISSN 1528-6703

This & That
1) c2it Online Payment Service - Free for Sellers!
By Ina Steiner

Citigroup is aggressively marketing its c2it online payment service to consumers. While senders pay a fee, those receiving the payment (i.e., Sellers) are not charged a fee!

If buyers send cash from any Citibank credit card, checking or savings account, the fee is 1% of the transaction amount. If buyers send cash from any other credit card, the fee is 2.2% of the transaction amount. (There is a 50-cent minimum fee per transaction.) For up-to-date fees, go to http://www.c2it.com and click on "fees and limits" at the bottom of the page.

AuctionWatch is making c2it its preferred payment provider. Microsoft's MSN service will also offer c2it, and America Online subscribers can access c2it through AOL Quick Cash.

2) AuctionBytes Message Boards
By Ina Steiner

There's an interesting thread about new online-auction sites: http://www.auctionbytes.com/messagebbs/data/22.shtml

3) New Auction Service Debuts: Ads4Auctions
By Ina Steiner

Ads4Auctions is a brand new Web site that helps auction sellers create display ads. For the public beta (about a one month period) all ads and shops are free to registered users. Registration is free. http://ads4auctions.com

4) BookCrossing.com: A Viral Idea for Books
By Ina Steiner

Not auction related, but what would happen if you could send one of your books on a journey and track its progress, finding out what others think of the book along the way? You can find out on a new site, BookCrossing.com, which launched last month as a first-of-its-kind book tracking Web site.

You register a book at the Web site (leaving your own review), and enter a unique "BookCrossing ID number" into the book. Then comes the hard part - you give the book away! As it says on the Site, leave copies of the book "on airplanes, trains, park benches, bus terminals...More conservative BookCrossers give their books to friends, relatives, or charities, and enjoy reading the resulting journal entries from person to person."

Okay, so you won't make money doing this, but it sounds pretty cool. http://www.bookcrossing.com

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