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roducts online auction also have services.
 
Auction is also done through world wide so any one that interested they can easily access on it and everyone in the world can purchase it. In this case, buyers who shop online are also not limited by global time differences and can online when it is convenient for them.
 
Nowadays public usually goes for online auction this is because online auction do provide easy payment such as using credit card. The transaction can be very fast and reliable as bidders need thing to be done in an efficient way and trustable. Credit card is undoubtedly the dominant method of payment used to online auctions ( Online Auctioning 2004 ). As the popularity of online auctions grows, many sellers have increased their credit card security on their websites. Sellers use encryption technology to make credit card information more secure and provide the padlock or unbroken key and symbols in the status bar at the bottom of the screen ( Online Auctioning 2004 ).
 
These symbols indicate to customers that they are entering their credit card number in a secure environment ( Online Auctioning 2004 ). Even credit card merchants have realized the importance that customers place in credit card security ( Online Auctioning 2004 ). For instance, Visa and MasterCard have introduced a new concept called Verified by Visa and MasterCard Secure Code, which require buyers to enter their password along with their credit card details ( Online Auctioning 2004 ).
 
At the end, this service benefits not only customers by providing them with added confidence and security, but it also greatly benefits to sellers as well, because customers will be more willing to divulge credit card information. Besides payment using credit card there is also another easy payment called e gold, e silver and e platinum, as this system circulated electronically and backed by gold bullion in allocated storage.
 
In addition, another benefit to buyer of auctioning online is that it is easier to find information and records containing details of the previous history of the seller. This way, if someone has a tendency for selling a product, taking the money, then not sending the item to the buyer, it will be posted on the online auctioning site and people will know to be wary of that seller. This has resulted in buyers being more cautious and can easier to present in the auctioning world.
 
A further point is online auction is no geographical constraints as sellers and bidders can participate from anywhere that has internet access. This means buyers are able to access and browse products that are located anywhere in the world without geographical limitations. This makes them more accessible and reduces the cost of just attending an auction.
 
Furthermore, online auctioning is a relatively new phenomenon that is simply a community of people buying, selling and exchanging items on websites through the internet ( Online Auctioning 2004 ). In this process, bidders can get the limited stuff or something different from outside where they consume and also have the opportunities to find unique items and collectibles in which all those items are hard to find in certain areas or at certain times are auctioned regularly on the internet such as stamps, coins, Barbie dolls and much more. In this way, online auctioning can satisfy and fulfill bidder本论文由英语论文网提供整理，提供论文代写，英语论文代写，代写论文，代写英语论文，代写留学生论文，代写英文论文，留学生论文代写相关核心关键词搜索。