eBay is an auction site for the product through Internet . It is one of the pioneers in this type of transaction, having been founded in 1995. Since 2002, eBay owns PayPal . From the March 31, 2008 the Executive Director (CEO) of eBay’s John Donahoe .

eBay is a network of auctions over the Internet, most there for now and a leader in this market Anyone can register on the eBay website and buy or sell any of the items available, grouped in a categories. On eBay you can trade a wide variety of products, the only requirement is be a registered user. Operations are performed with 3 main types.

Auction : This is the most common transaction on the site . The seller sets a starting price and a fixed time for the announcement and throughout that time period, buyers will bid for it. The highest bidder gets the item, under the terms of delivery and returns imposed by the seller.

Buy It Now : the seller sets a fixed price and, if the applicant is willing to pay, will be yours.

Classified ad for sale of items under this form of advertisement, which shows the characteristics of the current item and its price.

The seller can establish their payment: PayPal , credit card , bank transfer or COD at the time of receipt of order and so it is stated in the notice, together with the description and photo, if applicable . In return for your ad, eBay charges a commission to the seller in case of sale, in proportion to the final sale price.

Although lately it has increased security and protection to the buyer, do not forget that any transaction on eBay is a deal does not involve the company, so the success of the sale depends on the good faith of the other party. eBay really is a system of automatic mediation, in which users can rate other users via a system of positive or negative points depending on the success of the operation. However, this system has often proved easily manipulated, so that in the past there have been scams where sellers and Asian high-tech products (LCD TV at bargain prices, etc). To avoid this we must look at the payment of the product being purchased, and if that form of payment has the “buyer protection” of eBay, which covers up to an amount in case of fraud, but with expenditure of 30 € per claim.

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