posted on March 29, 2001 02:33:16 PM newNOTE!!! THIS IS NOT A REAL PAYPAL ANNOUNCEMENT!!!
Dear PayPal Buyer,
PayPal is pleased to announce the launch of Losing Bidder Rebidding, a new and completely free tool for our auction buyers. Every time an eBay (TM) auction you have been outbid on closes, you can have PayPal automatically search for another similar item, and make a "Buy It Now" bid on your behalf, in order to insure you are not outbid again. An automatic payment will be made immediately to the seller from your PayPal account, which will make it extremely easy for your seller to quickly get your item to you.
BENEFITS OF LOSING BIDDER REBIDDING
PayPal's Losing Bidder Rebidding tool is designed to make buying through online auctions easier for you. In addition to making it simple for buyers to avoid being outbid, Losing Bidder Rebidding helps you in the following ways:
* Your sellers are contacted quickly (less than an hour after the auction's close), which can reduce the time it takes to have your item shipped.
* Encourages sellers to accept PayPal, which means you can be protected by having the option to CHARGEBACK your purchase if you are not satisfied with it.
* Over the limit on your credit card? Now, you can easily add a second (or third) credit card to your PayPal account! Just tell us what you want, and we'll spend your money (or borrow some) for you!
Once again, this is NOT a real PayPal announcement!!!
But then again, who knows what other half-baked ideas they're cooking up...
