question Buyer will pay with credit card $19,000

[italsat]

Hello , i have sold a domain , the buyer ask me for pay it with credit card 19,000

What escrow service allow to pay with credit card this amount ?



i have open a escrow.com transaction but buyer not like it.

 

[promo]

A CC chargeback is the obvious risk. No Escrow service to my knowledge accepts CC payments over 5k.

If its a single name you are out of luck. If its multiple names you can split the transaction 4 ways.

Unless this is a reputable company I would be very very wary accepting 19k from CC.

 

[.NJ]

Sounds very scammy to me....

$19k on a credit card means:

1. It's a scam.
2. It's stolen
3. it's bullshit

Somone who has the ability to pay $19k on a credit card 100% has other means of paying also.

This sounded off from the $19k buy it now from Godaddy.

Smells very fishy....

Tread carefully.

 

[4better]

For me, to pay $19k by CC is very risky. One of the worrying issues is that a lot of stolen credit cards abound. If buyer is chasing for reward points, I can just say to let him take $1k from that amount and just pay me $18k as long as the transaction is done via escrow. Security for both parties is what matters most.

 

[Ted.T]

It could simply be a stolen card. So, be aware, a chargeback could wait around the corner. As it's a quite expensive domain, I'm sure you wouldn't want to lose it.

 

[Brandworthy]

If it sounds too good to be true...

Put yourself in the shoes of an average buyer - would you want to pay someone $19,000 before they transfer you a domain? Have they asked about who you are, where you are based etc.? If you were in their shoes would you send $19K to some random domain owner on the other side of the world rather than use a secure escrow service?

The fact they want to pay this amount by credit card should flag some serious suspicions, and may show they have no regard for these funds. If so, why might that be? The reason no escrow company will accept such a large payment via CC is because of the very heightened risk of fraud.

 

[Cdomains]

Hello , i have sold a domain , the buyer ask me for pay it with credit card 19,000

What escrow service allow to pay with credit card this amount ?



i have open a escrow.com transaction but buyer not like it.

Sounds fishy.

Watch out for a charge back and your domain being stolen!

 

[wwwweb]

Surely they can pay 19k into their own bank account from the card then wire it through an escrow service.

That would count as a cash advance, more fees for buyer to themselves, no points.

Just like seller is trying to protect themselves, buyer maybe trying to do the same.

Many people expense everything they can to CC, it is just accepted everywhere, hard to explain to people outside the industry.

Even if you want to buy a car, the dealer can take X amount via credit card, but anything over that amount they usually charge you 3% for their cc processing charges.

 

[alcy]

the buyer have buy domain in buy now on 27 jan on GD , have accepted escrow payment but not have pay it .
I have this domain sold in gd account with escrow parties accepted , escrow status is the buyer not have select a payment method.
I have write the buyer 3-4 time and only yesterday have reply me , the buyer write : Yes i want buy it but with credit card.

I have received a direct email , this is my ultimate chance for close the sale , i have setup a invoice with cc payment enable and sent to buyer.

I have video stories where people have more money and 19k is a very cheap payment .
People that have 25-30 years that buy 10 champagne bottles in a night for $400 each .

I think this guys have family cc , and can buy all you want with no control.

If a guy like to buy a expensive domain , you like to pay it with cc .

This can be one of reason that the buyer ask me for pay it with cc.

if you're saying buyer bought it on gd auctions... which I think you did.. then you're not really expected to prepare or send invoices.. nor its necessary to talk by email with him.. you just sit back relax and let gd auctions handle payments and everything else. it's why your paying 20% to them. they also guarantee money in case of chargebacks etc.. partly cause they're registrar, and can recover the locked domain in case of payment issues... this is why its always great to deal with escrow trhat's also registrar.

I would not recommend you try to sell this on your own, if its already sitting as sold in your gd auctions sold section. in fact, it'll be a very bad idea for you to do.

gl

 

[imadoer]

19k is very risky by credit card imo if you value your domain use a escrow service and make him pay by wire.

 

[alcy]

i have call gd , gd support have only sent a reminder and not can do any if the buyer not pay domain.

i have chat with escrow.com and the service rule are : the buyer have 30 calendar days for select a payment method and others 30 days for make the payment.

The domain was sold in 27 january at godaddy market not at godaddy auctions , if i not make any , the transaction is death , escrow cancel the transaction and good bye.

for me is important to close the transaction and i have interest in continue the transaction with the buyer that (i don't know why ) can only pay with CC.

ok that's good decision from you! sorry for a moment I thought you were takign things into your own hands before the 30 days are up.. which would be a bad idea for your gd auctions record.

I wish you louck with this sale, and my last recommendation to you is to try contact Rob Monster from epik.. who is very good with escrow and very flexible with payment methods etc.. and epik is also regisrtar so it is a safe sale and guaranteed also and they can recover this locked domain after sale, if there is payment issues.

you will talk directly to owner of Epik and person who does escorw so this allows you great flexibility in terms of what you work out.

this is big amount to pay with CC like all tell you, so I'd let professionals and experienced escrow people like RM handle it.. who done tons of those and have tons of experience with fraud, payments, credit cards etc..

I had good experiences with Rob and epik escrow so I can only recommend it to others.

hope this sells for you
ciao

 

[Start]

Also, one way this may be possible with Escrow.com is if you use the "Domain Holding Service". That will cost at least $150 extra, but they may let your buyer make multiple payments of up to $5000, to reach the overall $19000 total. But to pay by credit card, it looks like they charge 3.05% extra.

However, even if you have to cover the extra fees yourself, it would be worth it as a safety measure. Escrow.com may be okay with it, because they can maintain control of the domain until they are satisfied with the buyer's payment.

But instead of Escrow.com, I suggest you contact Epik.com (as someone else mentioned above). I think Epik can do anything Escrow.com can, plus they are the registrar themselves, so I think they probably have ways to ensure the safety of the payment in this type of situation (like by maintaining control of the domain... I don't actually know, but am just guessing).

 

[Brand Consultants]

escrow.com

https://www.escrow.com/domains

5k max with Escrow I think.

 

[urlurl]

may risk a chargeback on the credit card. i would insist on an escrow service, wire transfer or direct deposit.

why doesn't he want to use escrow?

 

[deez007]

Have you checked with Payoneer Escrow? - I'm not certain what their limits are on Credit card payments, I think it would be worth your while checking with them.....

 

[bmugford]

I am not aware of any escrow service that is going to allow a $19K credit card charge. It is way too much of a risk for them.

Brad

 

[dnsnames]

You sold a domain. That's good news.

But why should you pay for the buyer 19k ? it should be the other way round right ? if you sell a domain buyer should pay for it.

Hello , i have sold a domain , the buyer ask me for pay it with credit card 19,000

What escrow service allow to pay with credit card this amount ?



i have open a escrow.com transaction but buyer not like it.

 

[Manik]

What you can do is create multiple escrow transactions for $5000 each.

Use one for TheDomainYouAreSelling.com

and register similar domains like TheDomainYouAreSelling.net or .org or .gtld etc and use them for the escrow transactions as well.

 

[Jurgen Wolf]

Have you checked with Payoneer Escrow? - I'm not certain what their limits are on Credit card payments

$2K limit.

 

[deez007]

$2K limit.

Thanks for clearing that up, much appreciated and good to know

 

[Jurgen Wolf]

+3% additional fee at Payoneer if CC-payment, for Seller.

 

[promo]

Read the thread; seller is saying its been sitting in Escrow with no buyer response.

So he took matters in his own hands. I commend that. But would never accept cc payment. Not unless the name is worthless to everyone else.

 

[wwwweb]

Sounds very scammy to me....

$19k on a credit card means:

1. It's a scam.
2. It's stolen
3. it's bullsh*t

Somone who has the ability to pay $19k on a credit card 100% has other means of paying also.

This sounded off from the $19k buy it now from Godaddy.

Smells very fishy....

Tread carefully.

I don't think it is entirely a scam, depends where the buyer is from.

If I had the option when purchasing a domain, I would like to charge it to my credit card, I would get points, I would get a month extra to submit payment, and I would get security assurances that my card grants.

You have to put yourself into a newbie mindset, whereas most businesses accept credit cards from vendors.

We just don't know the facts, so it's the sellers problem, and their reward at the same time.

 

[LarryDomain]

This is not always a red flag. I have charged many things with a credit card around that ballpark figure. I like getting some reward points back. Including a couple of domain names at Godaddy above 15k. Every little bit helps for the vacation travel!

If it sounds too good to be true...

Put yourself in the shoes of an average buyer - would you want to pay someone $19,000 before they transfer you a domain? Have they asked about who you are, where you are based etc.? If you were in their shoes would you send $19K to some random domain owner on the other side of the world rather than use a secure escrow service?

The fact they want to pay this amount by credit card should flag some serious suspicions, and may show they have no regard for these funds. If so, why might that be? The reason no escrow company will accept such a large payment via CC is because of the very heightened risk of fraud.

 

[wwwweb]

i have call gd , gd support have only sent a reminder and not can do any if the buyer not pay domain.

i have chat with escrow.com and the service rule are : the buyer have 30 calendar days for select a payment method and others 30 days for make the payment.

The domain was sold in 27 january at godaddy market not at godaddy auctions , if i not make any , the transaction is death , escrow cancel the transaction and good bye.

for me is important to close the transaction and i have interest in continue the transaction with the buyer that (i don't know why ) can only pay with CC.

Well if it is via escrow the buyer still has to complete full id verification, to add insult to injury.

 

[Paul]

There's a reason no reputable escrow service will accept a payment that large via credit card. There is nothing GoDaddy can do to prevent a chargeback. You'd be wise to let GoDaddy handle this. Don't try to circumvent their system; you'll get scammed.

Whether or not your domain is worth $19k is irrelevant. This person is almost certainly trying to set you up for a scam.