EcommerceBytes-NewsFlash, Number 1268 - April 28, 2006     1 of 5

Overstock Auctions Integrates Payment System

Email This Story to a Friend has integrated Auction Checkout's payment service into its auction platform. Third-party sellers on Auctions can now accept credit card payments for auction sales without having a credit-card merchant account. 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 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 Note that Auctions mentions on its site that not all channel management services support O-Auctions Checkout. Auctions also announced enhancements related to site design and search-engine optimization (

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Ina Steiner is co-founder and Editor of EcommerceBytes and has been reporting on ecommerce since 1999. She's a widely cited authority on marketplace selling and is author of "Turn eBay Data Into Dollars" (McGraw-Hill 2006). Her blog was featured in the book, "Blogging Heroes" (Wiley 2008). Follow her on Twitter at @ecommercebytes and send news tips to

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