(PRWEB) September 30, 2004
Many internet users have fallen victim to fraud and scammers using popular online auctions. Bid-Alot introduces new measures to combat fraudulent bidders and sellers. Before users can take part in the auction site, accounts are verified and approved by having a one off $1 verification charge made payable only through the new users active Paypal account.
Once the verification charge has been paid, users can bid on and sell items on the auction. Further security measures are taken once an auction has ended with a successful sale. The seller is required to pay the commission fees via Paypal, which then allows the system to release contact information to, and about, both the buyer and seller.
Bid-Alot Team member Sharon says "Initially we wondered whether we would lose or gain customers by introducing the Paypal only verification process. Since the launch of the new look auction, we have been amazed by the number of new registrations and positive responses received from both new and existing users of Bid-Alot regarding the new security measures in place."
In the two months since the new measures were put in place, Bid-Alot boasts that there has been no attempt at fraudulent activity by either buyers or sellers. Could this be the way forward for the future?
Founded on January 1st, 2004, Bid-Alot has steadily developed into a safe, cost effective auction site. Bid-Alot ( http://www.bid-alot.com ) was created by a small group of experienced auction users who wished to create a secure trading platform with a slightly different approach to security.
Bid-Alot is a registered Limited company with offices in Florida, USA and the UK.