You can use domain sales platform Dan.com to collect payments for your domain sales.
This week I recorded a podcast with domain name investor Mark Levine that will publish on Tuesday morning. Just like last time, I learned a lot by talking with Mark.
One of the things Mark mentioned was that he sometimes uses Dan.com to complete transactions that he has negotiated elsewhere. I didn’t realize you could do this.
Completing a transaction at Dan.com is an easy way to accept a guaranteed payment for a domain transaction. The company accepts credit card payments up to $50,000, which is well above any other platform I’m aware of. The company will go even higher than that with some manual verification.
The fee is only 5% if you bring the lead or just use Dan.com for payment.
To use this service, go to the ‘sales activity’ section of your account and select ‘add new lead’ (see top image). Then, choose if you want to import the lead to handle negotiations or proceed straight to payment.
If you choose the Lead option, the buyer gets an email introducing them to Dan.com and then you negotiate through the platform. If you select the Transaction option, they will get a link to make the payment.
Either way, you pay only 5%.
This seems like a convenient and affordable way to collect guaranteed payments for domain transactions.
Rod says
So timely for me, I had heard of this and wanted to give it a try. Do you know if this also allows payment plans on the imported leads/transactions at the 5%?
Andrew Allemann says
Rod, I checked and you can’t use this for payment plans.
Richard says
Is the payee charged a fee for using CC? At 5% this would actually be cheaper than Sedo (6%), and – without a doubt – vastly superior to the steaming pile that Escrow.com has become.
Andrew says
Payee is not charged for this.
David Smith says
You keep trying to take money out of my account and far as I know I didn’t order anything if I did it was a accident please stop trying