Subject:
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Practicality of X.com "auciton" CC payments for "straight sales"...?
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Newsgroups:
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lugnet.market.theory
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Date:
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Sat, 8 Apr 2000 15:04:07 GMT
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Viewed:
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581 times
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Has anyone considered using X.com's increasingly popular auction payment by
credit card service for straight sales of items from their websites? As an
example: If I put up a website listing for sale certain items, and had a
login or linking process that allowed a buyer to reserve an item for purchase,
and in doing so either registered that item in an admin queue or list, or sent
me a notifying email, and then I checked that list daily and sent the people
with item reservations a "request for auction payment" from X.com ... would
that be a practical system? It's obviously not as robust as having a bank
Merchant Account and processing your own transactions, but it would seem like
it would work for short term or sporadic selling situations.
Also, incase anyone was wondering, the X.com auction payment terms of use [
http://www.x.com/auction_terms.htm ] do not actually say that their system
must be used for auctions, an "auction" payment service is just how they
describe it.
Any thoughts on this? Has anyone had luck using X.com for their auction
payments? The other deterrant I see is that it appears that buyers must open
X.com accounts to pay by credit card ... anyone know if this is true?
Thanks!
Chris Busse
cbusse@infi.net
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