Dynadot Payment Plan
Your affordability tool for domain portfolio expansion.
Your Flexible Payment Solution
Alleviate the brunt cost of acquiring domain names or encourage users to buy your domain by using our monthly installment payment plans, providing you flexibility when assembling and selling your domain portfolio.
How It Works
Buyers or sellers rejoice! Our payment plan is easy to follow and simple to use.
Include our payment plan on any of your user auction or marketplace domain listings with a price of $100+, allowing buyers to pay using monthly installments. To setup. click the payment plan checkbox option when you're listing a domain name for sale, followed by selecting the maximum number of installment months you'd like to allow buyers to select from.
Aftermarket domains that include an installment payment plan allow for full payment at purchase or monthly installment payments. If the payment plan is selected, you'll select the number of monthly installments you wish to pay, up to the maximum amount set by the seller. Once finalized, a 15% down payment is required along with first monthly installment payment to kick off the plan.
Payment Plan Specifics
Our payment plan is designed to make our aftermarket more accessible and affordable. The option to pay in installments is available on select marketplace, user auction, expired domain auction, and backorder auction listings, identified by the 'Pay in Installments' option found on some individual listings. To learn how to pay in installments, please visit our help page.
Installment Period: Between 2 and 12 months.
Down Payment: 15% at purchase.
Minimum Purchase Price: $100
3 days without payment: Domain disabled and on hold.
14 days without payment: Domain returns to seller.
With the initial down payment made, the domain is placed in the buyer's account under a "buy lock", allowing DNS adjustments but preventing transfers. This lock remains in place until 30 days after the installment plan payment has been completed.
Payment plans range from 2 to 12 months, with the maximum number of months determined by the seller that lists the domain. When a buyer decides to pay using the payment plan, they'll select between 2 and the maximum number of months selected by the seller, which determines the total number of installment payments required.
To begin the payment plan, the buyer must put a 15% down payment on the domain name. This 15% payment is used towards paying off the installment plan. It is non-refundable. There is no additional fee when choosing to pay by installment.
Our aftermarket listings have a commission fee and, with our payment plan, that commission is deducted from the initial payment.
Minimum Purchase Price
Domains must be $100 USD minimum to be eligible to use our payment plan. Domains under this amount cannot utilize payment installments.
If a payment issue occurs during a month of the payment plan, buyers have 3 days after payment due date to pay for that monthly installment. Missing this deadline will disable the domain and put it on hold under the buyer's account. 14 days after the initial missed payment date, the domain will be pushed back to the seller's account. All payments made are non-refundable and the seller keeps all proceeds up until this point.
For sellers, the number of maximum installment months selectable when listing a domain is impacted by the domain's expiration date. The maximum number of installments is one month less than the domain's expiration date, to a maximum of 12 months total. For example, if the domain expires in 3 months, 2 months is the maximum number of installments available to be selected. To allow more monthly installments for buyers, consider renewing your domain prior to listing as additional months may increase your chance of selling.
Payment Plan Timeline
To assist with outlining the payment plan system, below is a timeline of the payment process if an installment payment is missed.
April 1, 2021
Buyer purchases a domain name with a total cost of $100 and decides on a 5 month installment plan. They pay the 15% down payment ($15) and the first installment ($17).
May 1, 2021
Second installment due. Buyer makes second payment ($17).
June 1, 2021
Third installment due. Buyer defaults on payment (missed payment).
June 4, 2021
Three days after missing the due date, the domain is disabled and put on hold.
June 8, 2021
Buyer pays the third installment ($17). Domain is re-enabled and the hold is removed.
June 15, 2021
If the buyer had not made the previous payment by this date, the domain would return to the seller. This occurs 14 days after missing a due date.
July 1, 2021
Fourth installment due. Buyer makes fourth payment ($17).
August 1, 2021
Fifth and final installment due. Buyer makes final payment ($17).
August 31, 2021
30 days after the final payment, the domain 'buy lock' is removed, and the buyer has full ownership of the domain.
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