progressive auction

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) February 26, 2011 -- Get Penny Wise is the safer, easier way to get your favorite stuff online. The service allows anyone to bid on any auction they prefer. The concept was founded by 2 Harvard graduates who realized that there are many sites on the web where one can purchase items. There are even many sites today that offer algorithms to go search out for the cheapest price including shipping. The creativity of this site is that one can spend the night in with a cup of coffee or hot chocolate and have fun while perhaps getting "the deal of a lifetime!"

There are so many sites out there today that offer immoral and obscene content. We understand that this is one of the roots that is corrupting society. What can be more wholesome than doing a bit of "shopping" with your children, friends or family around you while using our site.

Our site is a state of the art infrastructure that is robust to handle hundreds of thousands of simultaneous users and offer the most state of the art safety and encryption methods. You can feel safe and assured that your information is safe and secured.
We chose to use PayPal solutions as our payment method. Users can purchase bids through many ways including credit cards, bank accounts, or PayPal Smart Connect, without sharing financial information.

PayPal has quickly become a global leader in online payment solutions with more than 153 million accounts worldwide. Available in 190 markets and 24 currencies around the world, PayPal enables global ecommerce by making payments possible across different locations, currencies, and languages.
PayPal has received more than 20 awards for excellence from the internet industry and the business community -most recently the 2006 Webby Award for Best Financial Services Site and the 2006 Webby People's Voice Award for Best Financial Services Site.

Located in San Jose, California, The Company was founded in 1998 and was acquired by eBay in 2002.

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