Dynadot Aftermarket Update - Payment Plan

Our latest aftermarket update brings an exciting new way for you to make payments on certain aftermarket domain listings! We've implemented a new payment plan system that provides even more flexibility when paying for aftermarket domains, allowing you to add valuable domains to your portfolio without worrying about paying the full initial cost all at once.

To give you a simple overview, our payment plan allows users to pay for domains in monthly installments. For both buyers and sellers, this update is a win-win; creating new opportunities for buyers to snag domains that may have been out of their price range, or for sellers to attract new potential buyers due to payment accessibility. Let’s cover how it works from both perspectives.

Our payment plan is an optional method of paying for domain names that have the plan enabled on aftermarket listings. To utilize it, it’s as simple as finding a domain name that has the payment plan option enabled, selecting the payment plan option when purchasing, and then choosing the number of payment months you’d like to pay for the domain over (either to a maximum of 12 months OR the amount decided on by the seller). Domain listings that have the installment plan option can still be purchased in a single full payment if desired.

If you’re interested in providing buyers the option to pay in increments, potentially improving your chances of selling your domain, our payment plan is the perfect option for you. Whether you are listing your domain on our user auction or marketplace, you can decide to include monthly installments for your buyers. As the seller, you get to decide on the maximum number of months you will allow users to pay for the domain over. This payment plan option could be the deciding factor between missing or landing a sale. There is also no additional fee attached to using this new payment system, so make sure to take advantage!

While our payment plan is straightforward to utilize, there are some specific details that you may want to know:

• The payment plan can only be included on domain listings with a price of $100 or more.
• The minimum number of installments is 2 months, while the maximum is 12 months.
• When the payment plan purchase is made, the buyer must make a 15% down payment, along with paying the first monthly installment payment. This 15% down payment contributes to the total payment of the domain name. You are not paying more utilizing our payment plan.

There are a few other details that are not mentioned here, such as payment defaults (what happens when payments are missed), so we encourage you to visit our full payment plan page for all the specifics if you want to learn more. This page also includes a timeline outlining a payment plan example.

We hope you check out our payment plan option (now live on select aftermarket listings) as a great, alternate way of purchasing valuable domain names through our aftermarket. We encourage you to visit our payment plan page for all the details you need regarding this new payment plan. You can also visit our help page for steps on how to pay in installments. As always, if you have any questions regarding our payment plan system or anything else Dynadot-related, don’t hesitate to reach out to our support team.