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Godaddy Domain Auction and paypal

Discussion in 'Domain Names & Parking' started by Panther28, Feb 8, 2013.

  1. Panther28

    Panther28 Jr. VIP Jr. VIP

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    I'm selling a domain on godaddy auctions, what the is the best setup for receiving payment? I have to put in paypal settings, but I want to make sure that godaddy is acting as the middle man, and i'm not going to be getting a paypal payment from someone only to find they do a chargeback a few days later,

    Any advice?
     
  2. gregstereo

    gregstereo Elite Member

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    Godaddy (or an escrow service they use if the dollar amount is high enough) is the middleman. That way they can get their cut. The buyer pays them, once the payment clears they (GD or escrow) pay into your paypal account.
     
  3. shanna_doll

    shanna_doll Power Member

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    Yeah but escrow costs like 10%.. to much imo.