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Old 11-23-2005, 06:03 PM THREAD STARTER               #1 (permalink)
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Sedo Internal Credit (Sedo's version of paypal!)


Just got this from Sedo. I've sold two names with them, and have had to pay around $50 in paypal fees. If I no longer have to worry about paypal fees, I will be more likely to accept lower offers on names.

I think it will put Sedo ahead of Afternic. What do you think?

-Jorge


Originally Posted by Sedo
Sedo is currently considering the development of an internal credit account for Sedo users who frequently send or receive funds from Sedo. An internal Sedo credit account would be similar to a personal bank account within Sedo. You would be able to accrue funds in that account from Sedo’s parking program or from selling a domain name through Sedo’s market place. Instead of receiving a check, wire transfer or a Paypal payment from us immediately, you could keep those funds in your Internal Sedo Account for a while as an additional option.

This new option gives you the flexibility to buy another domain name or to purchase an appraisal or a showcase listing without performing an additional credit transfer to Sedo’s regular bank or Paypal account. At the same time it saves you bank fees and - in the case of a domain purchase * it speeds up the domain transfer process significantly.
Of course you would be able to transfer funds from your Internal Sedo account to your regular bank- or Paypal account at any time!
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Old 11-23-2005, 06:37 PM   #2 (permalink)
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this is a good news, at least for me who do not have paypal account..
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Old 11-23-2005, 10:48 PM   #3 (permalink)
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thats a good idea!
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Old 11-24-2005, 12:55 AM   #4 (permalink)
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It would be alot better if they also give interest on the funds accrued in Sedo...
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