Dynadot

Afternic gives no update on payment status

Spaceship Spaceship
Watch


(screenshot attached above)

I sold a domain through Afternic on 22 May. My first through them.
Domain was removed from my account same day. A friend told me that it takes 2-3 days before they "schedule" a payment date and 7 days for disbursement.
Their page says the same. "Disbursement will be issued in next 7 days"

But 8 days have passed and forget disbursement, they have not even updated a scheduled payment date. No email update in last 8 days and their "message to TA Agent" button does not work.

I even wrote a support ticket 3 days back about this which I never heard back from.

Anyone had similar experience? Is it normal or a glitch?
 
Last edited:
1
•••
The views expressed on this page by users and staff are their own, not those of NamePros.
Anyone had similar experience? Is it normal or a glitch?

Its normal with Afternic. They say, they take upto 8-10 WORKING days to schedule payment.

You may even have to wait 2-4 days from Scheduled date.

But dont worry, you will get it eventually. :xf.smile:

BTW..congrats on the sale.
 
3
•••
Its normal with Afternic. They say, they take upto 8-10 WORKING days to schedule payment.

You may even have to wait 2-4 days from Scheduled date.

But dont worry, you will get it eventually. :xf.smile:

BTW..congrats on the sale.
Thanks mate.
 
0
•••
I also sold a name through them, it's been almost a month I haven't been paid. Congrats on your sale.
 
2
•••
I suggest Afternic pays interest on payments that take longer than 21 days. By far the longest payout of all the platforms I've used.
 
3
•••
Reading your horrible experiences, I am assured that it is normal.
I had two out of three sales this month cancelled by buyers ($1000 undeveloped and $285 flippa) so I was worried about this one too. Now I am assured that sale is not cancelled.

Update: on 8th Day today I got an estimated payout date of 3 June (12 Days).
 
3
•••


(screenshot attached above)

I sold a domain through Afternic on 22 May. My first through them.
Domain was removed from my account same day. A friend told me that it takes 2-3 days before they "schedule" a payment date and 7 days for disbursement.
Their page says the same. "Disbursement will be issued in next 7 days"

But 8 days have passed and forget disbursement, they have not even updated a scheduled payment date. No email update in last 8 days and their "message to TA Agent" button does not work.

I even wrote a support ticket 3 days back about this which I never heard back from.

Anyone had similar experience? Is it normal or a glitch?
Same here. I have sold a name on 3rd May but to this day I have no clue when I would get paid. I have contacted support about 1 week back and they said that they have escalated the issue but after that I never heard back from them. Its really weird.
 
2
•••
Anyone had similar experience? Is it normal or a glitch?
Yes, a lot of us had the same experience. It is a glitch that is normal at Afternic :(
 
2
•••
I'm waiting for payout Since December, 6 months.
 
1
•••
0
•••
I have seen blind and deaf 90-year-olds making better websites and offering better support than Afternic.

It is hard to imagine that it is owned by the largest domain registrar in the world.
 
4
•••
1
•••
I got an email update

"A payment to you for 1,996.00 was processed by eCheck."

But I selected Wire (and I think there is no eCheck in India)

Edit: My fault. I had mistakenly selected eCheck and not Wire.

So, I guess I am screwed.
Help @anantj @VaibhavA @bashariqbal
 
Last edited:
2
•••
0
•••
by ECheck that means you will receive payment in your domestic currency through your bank account (not in USD)

By Wire you will receive payment in USD if you select it
 
0
•••
For me, sales through Afternic took 10 days max. to recevive payment. I sold a 4L .com in March, just 3 days after transfer domain I received payment by wire (near $20,000).
 
5
•••
by ECheck that means you will receive payment in your domestic currency through your bank account (not in USD)

By Wire you will receive payment in USD if you select it
But isnt eCheck for local (USA banks) ?

Will I still receive money in non USA bank.
If it is so, is eCheck better than Wire or not currency-conversion-wise?
 
0
•••
But isnt eCheck for local (USA banks) ?

Will I still receive money in non USA bank.
If it is so, is eCheck better than Wire or not currency-conversion-wise?
Payment from Godaddy / Afternic, there are 3 methods as below:

1- By Echeck (receive in your country currency)
2- By Wire (USD)
3- By PayPal (USD)
 
3
•••
I got an email update

"A payment to you for 1,996.00 was processed by eCheck."

But I selected Wire (and I think there is no eCheck in India)

Edit: My fault. I had mistakenly selected eCheck and not Wire.

So, I guess I am screwed.
Help @anantj @VaibhavA @bashariqbal
I think the payment will not be processed since you are not a local US resident with US bank account. Contact support and explain them that you have by mistake selected eCheck.
 
0
•••
I got an email update

"A payment to you for 1,996.00 was processed by eCheck."

But I selected Wire (and I think there is no eCheck in India)

Edit: My fault. I had mistakenly selected eCheck and not Wire.

So, I guess I am screwed.
Help @anantj @VaibhavA @bashariqbal
This should be fine. eCheck will get your money in your account. I've used it previously! Good luck and congratulations on getting the payout :)
 
1
•••
This should be fine. eCheck will get your money in your account. I've used it previously! Good luck and congratulations on getting the payout :)
That is so relieving! Thanks.

So, eCheck is best option for India, right? and how many working days from release of payment to bank account credit?
 
0
•••
I used paypal and transfer from paypal to my card its take only 12hr to withdraw
 
1
•••
6 months?

What's the holdup?

Have you called them on the phone?

They tried to wire once and failed. Told me that my bank rejected the payment. Which wasn't the case. My bank told none of incoming payment to my account rejected. Seems like afternic's payment partner have issues rather than my bank.

They removed the PayPal option before payout from my account so only option is wire transfer.

In the meantime I received payments from escrow.com and payoneer escrow without any issues on the same payment details.

Sent them many emails and they reply after a week or so. Even Joe here couldn't help.

Hoping that they will solve the issue and send funds this time.
 
0
•••
That is so relieving! Thanks.

So, eCheck is best option for India, right? and how many working days from release of payment to bank account credit?
eCheck amount is deposited as INR? If yes, then you will have to pay GST.

There is no GST:
  • If buyer is not a resident of India, and
  • Any offshore amount deposited in bank is not in INR
If any one of above two conditions doesn't meet then you will have to pay GST.
 
Last edited:
0
•••
Afternic sales - you will get paid. I don't even monitor them closely any longer after recording the sale on my end, because the money always comes eventually. ACH.
 
3
•••
Back