Dynadot

paypal agreement

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  1. LoveCatchyDomains

    Please explicitly disallow the "PayPal - send money to a friend or family member" payment method in case of all domain transactions here on NamePros

    My impression here is that the moderators are supporting the proper use of Paypal, even if the position is not a popular one. Would it make sense for them to have to prove anything? They are simply being respectful of the regulatory requirements of the daily business transactions that...
  2. LoveCatchyDomains

    Please explicitly disallow the "PayPal - send money to a friend or family member" payment method in case of all domain transactions here on NamePros

    Yes, and not that anyone here isn't sympathetic to the desire for maximizing profit on the domains. Please note that my comments are more focused on the U.S. customers. I had two friends in the U.S. who got in trouble with the tax folks because of Paypal and unreported income. The...
  3. LoveCatchyDomains

    Please explicitly disallow the "PayPal - send money to a friend or family member" payment method in case of all domain transactions here on NamePros

    Thanks for clarifying that. Clearly that's going to be a challenge now for those on Namepros trying to sell the domains at the very low prices. The Paypal minimum fees could wipe out most of the profit, when using their required business transaction. Nonetheless, that is the...
  4. LoveCatchyDomains

    Please explicitly disallow the "PayPal - send money to a friend or family member" payment method in case of all domain transactions here on NamePros

    Is there a grace period here, though. Another posting here on Namepros cited an email indicating a November 15th deadline. Paypal Updates The PayPal website appears to already have incorporated the policy you mentioned. The question is that, at least for the current transactions up until...
  5. LoveCatchyDomains

    Please explicitly disallow the "PayPal - send money to a friend or family member" payment method in case of all domain transactions here on NamePros

    Thanks for the posting. It makes good sense to have sellers and buyers abide by the PayPal terms of agreement. Hopefully, the clarification will be added to the NamePros guidelines, as you suggest.
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