payments

Online

Trading Post To Take On eBay

11:46AM Nick Broughall | eBay aren’t the most popular online auction site in Australia at the moment. They’ve been publicly flogged by every man and his Reserve Bank for their plans to restrict payments to PayPal only in the near future, not to mention disgruntled sellers unhappy with new feedback options. So it’s probably a very smart time for Sensis to take the Trading Post into the world of online auctions. Today the Telstra subsidiary announced that they’d be launching auctions on the Trading Post website. And they’ve clearly structured their pricing model at disgruntled ebay sellers: it’s free to list your item, you get the first photo free with every auction, and you only pay when you make a sale. On top of that, sales under $10 will only cost you 50 cents, while the most you’ll pay for an auction is $24.95 on any item over $500. Not only that, but they support a wide range of payment options including Paymate, bank transfers and credit cards. More »
Phones

Apple Patent Shows Ordering, Paying by iPhone (And Queue Skipping)

4:11AM Jason Chen | Nothing except a 2nd-gen iPhone with GPS and 3G would make us happier than if Steve pulled out this invention at MacWorld 2008 next month. This patent, which details a cashless payment system via the iPhone, will allow people to order stuff on their phones via Wi-Fi, pay for it, and skip everyone in line that doesn’t have an iPhone. It’s like calling ahead to place an order, except you have to wait at the store and you don’t have to talk to anybody. Great for the type of person who enjoys being in the company of other people but not communicating with them in any way. [Forbes - Thanks for the image, Zatz!] More »