Databases Reference
In-Depth Information
3.
Make Payment
: The buyer will then be required to pay the seller via a
method accepted by the seller (note this is done outsite of oBay). Once done,
the buyer will update the status of the item to indicate that they have made
the payment. An e-mail will be sent to the seller to inform them that the
payment has been made.
4.
Confirm Receipt of Payment
: The seller on receipt of the payment will
update the status of the item accordingly. An e-mail will be sent to the buyer
to inform them that the seller has received the payment.
5.
Ship Item
: After receiving the payment the seller will pack and ship the item
to the buyer, again they will update the status of the item to indicate that it
has been shipped. An e-mail will be sent to the buyer to inform them that the
item has been dispatched.
6.
Receive Item
: Upon receipt of the item, the buyer will record the fact that
they have received the item. An e-mail will be sent to the seller to inform
them that it has been received.
Upon successful completion of the sale, a seller's fee, based on the final price as set
out in the following table, will be charged to the seller's account.
Sale price
Seller's fee
$0.01 - $50.00
5% of the sale price
$50.01 - $1000.00
$1.00 plus 3% of the sale price
$1000.00 or more
$16.00 plus 1.5% of the sale price
If there are no bids or the reserve price isn't met, the auction will just finish without a
winner, in this case, a seller's fee will not be charged to the seller's account.
View account
Whenever a user lists an item, they will be charged a listing fee. Upon successful
sale of an item, they will be charged a seller's fee, based on the actual sale price.
Each of these charges will be billed against the user's oBay account, and then
on a monthly basis, oBay will automatically charge the user's credit card for the
outstanding amount.
Buying items
When a user goes to his buyer's page, it will list all the items on which they
have placed a bid. By default, it will be filtered to show just those items where the
auction is still in progress, but they will be able to view items on which they have
bid, but lost.
