21 May 2014, 00:00
London – May 21, 2014 – Moffat Group (www.resaleweekly.com), global publishers of Resale Weekly and Farmers Resale, in conjunction with Moffat Consulting & Technology, today announced a strategic partnership with Proxibid (www.proxibid.com), the world’s most trusted online Marketplace for buying and selling highly valued items, to create a global ecommerce solution. Under this new partnership, Moffat Group will leverage Proxibid’s transactional capabilities and online risk management expertise to provide the most secure online environment for buying and selling heavy construction and farm equipment, globally.
Moffat Group has introduced a newly-designed website which will include multiple buying and selling options powered by Proxibid’s transactional engine, including Instant Purchase, Make Offer, Timed Auctions and Live Auctions. Proxibid’s industry-leading, comprehensive risk management system is a sophisticated hybrid of proprietary technology and third-party partnerships managed by an in-house team of experts all, with the singular goal, to ensure buyers and sellers are who they say they are and do what they say they are going to do. APN, the company’s payment solution, ensures all Proxibid-powered transactions are secure.
Daniel Moffat, MD of the Moffat Group comments: “Through Resale Weekly we have always provided an environment where buyers and sellers of machinery and equipment are able to interact with each other. As the market has become more sophisticated and activity is conducted globally, we have always striven to provide platforms where buyers and sellers can trade safely and securely. Now with the strategic alliance with Proxibid we can offer, not only our clients but the entire global market, that safe and secure environment in which to do business. With this new partnership, Resale Weekly will transition from being a listing site to a true ecommerce platform, interacting with new technically advanced applications that help asset owners, buyers and sellers manage their inventory more effectively.”
Sellers can leverage Proxibid’s stand-alone, transactional software or sell in the Proxibid Marketplace. More than 3,000 established auction companies, asset owners and consignors conduct more than 12,000 sales events across the globe annually using Proxibid’s technology. The Company connects buyers and sellers across 15 categories representing everything from fine art, antiques and collectibles to heavy construction equipment and real estate and everything in between. More than 10,000 new buyers join the Proxibid Marketplace each month, making it the most vibrant place to buy and sell online.
“We are delighted with the new strategic alliance with Moffat Group and Moffat Consulting & Technology,” said Ryan Downs, President and CEO of Proxibid. “This partnership not only helps our business bridge the gap between North America and UK and Europe, but helps our business gain traction in the world’s construction machinery and equipment markets where Moffat Group has excellent local knowledge. Our purchasing methods – Instant Purchase, Make Offer, Timed Auction and Live Auction are just what the European, EMEA and the Far East and Asia-Pacific markets are waiting for.”
Proxibid provides the most trusted place to transact business online. Proxibid is 100 percent PCI compliant which, when combined with its enterprise-level technology and infrastructure, boasts a 99.9+% uptime. Buyers and sellers can transact with confidence in the Marketplace. The company is led by a seasoned management team with senior executives who oversaw PayPal through a period of extreme growth and international expansion.