Flippa updates their bidding certification requirement

[domainking131]

On Thursday, Flippa announced an update to their bidding certification requirements, with premium certification now required for bids over $5,000.

Here is the announcement :

“Today we released an important update to bidding and making offers on Flippa.com. All new bids and offers over $5,000 will require buyers to complete an additional premium certification requirement, to help ensure auctions run smoothly.

What does this mean?

• Before placing a bid, offer or buy-now request over $5,000 you must complete a premium certification.

• Premium certification requires a $500 preauthorization to be held on your credit card – this is held for seven days.

• At this point in time it is a once-only requirement meaning future bids over $5,000 won’t require re-certification.

We’re making these changes to ensure Flippa continues to be the safest and most trusted marketplace for entrepreneurs.

Thanks,

Flippa Team”