PayPal broadens the availability of reduced fees for small online purchases
Online payment service PayPal has made available to merchants a pricing structure that reduces fees on all purchases below $12. The micropayment pricing had previously been available on certain transactions since 2005, PayPal says.
PayPal accounts compromised over 16 months; No response from eBay
Online payment service PayPal has had an exploit on its hands for at least 16 months and counting, and seems to have no resolution for it. A tipster forwarded us screenshots of the fraud, which involves a dummy subscription service to PayPal’s sister company Skype, all part of the eBay corporate family. Using the fake Skype subscription, several small charges are made against a PayPal account, all in the same dollar amount.
BidCal Will Help You Better Track eBay Deals in the Tough Economy
BidCal is an interesting new tool that has just been released by Calgoo Software, the company behind Calgoo, a very nice web calendaring solution that synchronizes all your calendars on all your devices, desktop and online and allows you to share calendars with your friends or family if they use a different calendaring solution.
EBay Competitor Launches Storefronts, Affiliate Plans
Wigix, an eBay alternative that provides a unique stock-market style method for buying and selling goods, today announced a new service for sellers. Called Storefronts, the service lets sellers build and brand their own customized online shops through the Wigix Web site.
Researchers Discover Why People Overbid on Ebay: Fear
Ever wondered what causes the spate of wild bidding in the last few minutes of an Ebay auction? Scientists say they now have answer: The irrational behavior is caused by people’s fear of losing, not their desire to win. While economists have recognized the concept of “loss aversion” for some time, a new set of experiments used brain scans and lab experiments to show how strongly the phenomenon plays out in auctions, and how it’s tied to overbidding.
eBay paves the way for the end of the auction
EBay confirmed today sweeping changes to the way it runs the business paving the way to replace its auction model with more fixed-price sales to take on Amazon.
Auction websites fight amongst themselves
AS the popularity of auction giant eBay hangs in the balance, local competitors have started fighting amongst themselves.
Australian auction websites OZtion and Trading Post, anticipating an exodus of users from the market leader, are locked in a stoush over the use of the word “free”.
From eBay to Bidtopia: Bargainland’s Success Story
Bargainland (which is also a company named for the popular eBay user ID), was greatly affected by changes at eBay. Policies on designer brand names, for example, limited Bargainland to listing only five of these items at a time, and in other instances, Bargainland was required to have a 98 or 99 percent positive feedback. St. James said that when you sell this type of product, even if you list every single item as damaged in the description, you just cannot achieve that high of a rating. The company also believed that eBay, through its new policy changes, was discouraging the types of listings that was the core of its business.
Irked by eBay, Some Sellers Trade Elsewhere
Some online retailers are moving away from eBay.
Irked by February’s changes in fees and the feedback-rating system, merchants who once sold wares exclusively at the online-auction site can now be found on a number of smaller alternative sites that have sprung up. With names like Wigix, Silkfair, Etsy and Oodle, these sites aim to offer more hand-holding for sellers — and charge lower fees — than the behemoth eBay.
It’s Craigslist Meets YouTube Meets eBay As Listasaurus.Com
Listasaurus.com, the first online classifieds site to pay users for listing their ads and one of the few to offer video classifieds, has just added auctions to their list of features, making it the first website to offer video auctions. Listasaurus.com offers standard classified listings like Craigslist, a Business Directory similar to the Yellow Pages, and now auction-style sales similar to eBay, all that allow video uploading capabilities like YouTube.
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