Online Auction System Having a Quick-Buy Mechanism and Method for Use Thereof

摘要

An online auction system comprising a host system having at least one processor for executing processor executable code and at least one non-transitory memory communicating with the processor and storing processor executable code. The processor executable code, when executed by the at least one processor, causes the at least one processor to transmit a first signal via a network to a user terminal indicative of a first auction page for auctioning an item. The first auction page comprises a bid mechanism and a quick-buy mechanism capable of being selectively activated by the user terminal. The processor receives a quick-buy signal from the user terminal over the network indicative of an activation of the quick-buy mechanism, and in response to receiving the quick-buy signal, credits at least one bid to a user account without disrupting a capability of the bid mechanism to be selectively activated by the user terminal.