Online Auction Platforms Join Forces

We’re excited to announce that three of the UK’s leading auction bidding platforms are to merge - creating the UK’s second largest auction platform.

UKAuctioneers.com, BidonThis.co.uk and TheAuctionRoom.com are joining forces to provide UK Auction Houses across all market sectors with a low-cost solution for bringing internet bidders from worldwide into their salerooms.

The merged businesses represent a buyer database of over 260,000 antique, art, commercial and trade buyers – easily making them the second largest platform in the UK market, and the only online auction company worldwide to take payment for goods as the hammer drops.

The key motivation for this merger is to bring together a big qualified market for both Auction Houses and buyers. The three businesses have a reputation for a stellar service at a competitive market price.

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Woo Gilchrist
BidonThis Blog - Charges for Credit Card Payments.

We’re taking Credit Card Payments for Auctions at no cost – how are you dealing with the legislation change?

On 13th January the law changed so business’ must charge the same to buyers via any payment method. This means that surcharges for debit and credit cards can no longer be taken – whether you are a shop, a hairdresser, a small online retailer, or Amazon! The problem is business’ still have to pay the banks a fee, and they can’t charge the customer for the privilege of using a card. So - if you go into your local shop without money and pay for a can of coke at 90p, the shopkeeper can no longer charge you 30p, despite being charged it by the banks.

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Woo Gilchrist