Good Day, My site www.Moobid.com is an full auction site, I am interested in finding what actual payment processor would be best to fit my needs? For Example: The payment method will be similar to Ebay. Fees will be conducted monthly Also Be there to post all you auctions for 100% FREE with $1.00 Sign-up credit!
I would suggest using paypal as the payment method simply because it's the most popular. But, if people will be able to post their auctions for free how will you earn money? Adsense?
I plan on using adsense, inaddition to link sales (per category), and some for home page. Also will provide banner adds for each category.
PayPal would do fine, but you'll have to be careful with the types of items that are listed, since PayPal will try to distance itself from adult, gambling and such items. I would say that AdSense isn't going to be a great way to sustain an auction site. People aren't going to click on them because they are there to look for and bid on auctions.