How Payment Plan works
Payment plan is possible through third-party escrow agent. We offer two options (you can choose one you like more):-
1
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2
1. Escrow.domains
escrow.domains is a licensed standalone third-party escrow service that allows safe thansactions of domain names.
escrow.domains is run by Greenberg & Lieberman LLC. Please see this link for more details.
Greenberg & Lieberman LLC is reputable company in the domain name space, for example they handled transactions of Coins.com which went for seven figures.
In short terms, it works like this:
- You sign up for an account at escrow.domains.
- We set up the transaction at escrow.domains.
- You send the down payment to Greenberg & Lieberman LLC.
- We send the domain name to Greenberg & Lieberman LLC, Greenberg & Lieberman assumes the full control over the domain name.
- You would be able to use the domain immediately.
- You send montly payments to Greenberg & Lieberman LLC.
- After payment plan is complete, the domain name will be transferred from Greenberg & Lieberman to you.
2. Namesilo
NameSilo.com is ICANN accredited domain name registrar, which has it's own system that allows safe transactions of domain names.
In short terms, it works like this:
- You sign up for an account at namesilo.com.
- We transfer domain to namesilo.
- We set up the transaction at namesilo.
- You pay the down payment at namesilo.com, Namesilo transfers the domain into your namesilo account.
- You manage domain from your namesilo account, but you cannot transfer the domain to a different account or to a different registrar.
- You send montly payments to namesilo.com.
- After payment plan is complete, Namesilo removes all restrictions from your domain, so you can transfer to another account or to a different registrar.
