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Unprotected PayPal transaction.What do you use for money transaction when selling domain?

ElenaDi

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Hi guys ,I need you help!
Through which platform do you transfer money when selling a domain?

I'm in the process of selling a domain.
Someone approached me via email about my domain. We negotiate the price and their send me money to my PayPal account .
I've spoken with one person and received money from different name and email.
Maybe it's only group of people but it didn't feel right .

Few hours before receiving the money my PayPal account changed to "limited access"for security reasons.
After I've spoken with PayPal Suport :
1. Reason for " limited access" someone try to send me money earlier .
2. When you selling domain you are not protected from " buyer cash back policy" . In other words buyer can clime back their money up to 180 day and you can't do nothing, because it's not physical product and you don't have receipt from post office for sending goods.:-(
If I Ask buyer for bank transfer, it doesn't give security to the buyer.

What do you use for payment?
Is any platform I can use that give security to both sides ?
Thank you.
P.s. Sorry for long post.
 
Domain summit 2024

ElenaDi

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Thank you :)
 
Escrow.com, tell them I sent you and they will charge you a little more. ;)

Also, do research and make sure the domain is clean, especially if spending a lot.
@ninjadomain I'm selling it. It's maybe a silly question, but what am I looking for when research for a clean domain?
 

Mr. Deleted

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He means, dont buy a stolen domain, or a spammed one. You dont want to buy a name that Google has already blocked.
 

ninjadomain

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Thank you :)
 

@ninjadomain I'm selling it. It's maybe a silly question, but what am I looking for when research for a clean domain?


Make sure it's not stolen (mainly) or also blocked as Mr. Deleted mentioned. This will come more with experience and even then it can be tricky. The best advice I can give you is to go with your intuition if something is telling you not to buy.

Best of Success, Elena! %%-
 

theluckyboy

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Paypal is fine if the transaction is below $xxx (low) or if the person u'r dealing with is Trusted otherwise never use paypal. The safest are Escrow and bitcoin
 
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ElenaDi

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Thank you guys for ur advise .
I'm using escrow.com. They do give peace of mind! Still In a middle of transaction tho.
 

usadomains

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Escrow. Com or bitcoin beat two options besides cold hard cash money
 

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