posted on May 23, 2001 01:15:35 PM new
BidPay purchases and sends a money order for the buyer. If I need a money order I can ask my wife to go to the store and purchase one and mail it to the seller, that probably costs me $25.00 over the cost of the money order with my wife's spending habits. If I log on to BidPay I ask them the same thing and they charge my credit card the price of the money order plus $5.00 (on orders under $100) and mail it to the seller.
If I was to get the money order on my own I could get it for 56 cents and use a 33 cent stamp and mail it to the buyer.
BidPay's strong point is for international buyers that can save money and time using them to send a money order.