EDEAL MAKES A BID
By Adnews Staff
Toronto-based edeal Services Corporation has launched an online application over the Web that allows businesses to add a branded, online auction to their Web site. The Edeal AuctionEnabler is designed to allow any business, portal or Web community to set up a branded business-to-business, business-to-consumer or consumer-to-consumer online auction through a series of six steps. Using the Enabler application, businesses retain control of their online auction including branding, image hosting and inventory management. However, because the application is hosted on edeal's data base, the company can choose to have edeal handle transactions including currency conversion, credit card authorization and payment deposit. Although the application itself is free, edeal charges between 1.25% and 5% on completed transactions.