Southwest Airlines, PayPal and Google were in the news last month. With May in the books, here's a look at what made news in the domain business. These stories were the most-viewed on Domain Name Wire: 1. Southwest Airlines fails to take down ... Continue ReadingLeave a Comment
PayPal restored services to dotDB. Here’s why it dropped it.
· ServicesIt seems like PayPal could have prevented this with proper communication. Last week I wrote about how dotDB's PayPal account was canceled and the funds were frozen. PayPal wouldn't give any reason for the cancellation at first. But dotDB got the ... Continue Reading3 Comments
Don’t use PayPal for your subscription business
· UncategorizedAnother PayPal victim. Don't be the next one. DotDB is the latest company in the domain industry to face an immediate suspension of its PayPal account with no explanation. It happened to Sav. It happened to NameBio. It has happened to ... Continue Reading21 Comments
Why I sold my PayPal shares
· Domain RegistrarsThe Sav incident is another example of how poorly PayPal treats its customers. I rarely buy individual company stocks, preferring to invest in index and target date funds that don't require constant attention. But during the market drawdown earlier ... Continue Reading15 Comments
July’s top domain name stories
· Domain RegistrarsHere's what made news in the domain name business last month. 1. OnlineNIC says it’s shutting down because of Facebook lawsuit - The company is no longer defending Facebook's lawsuit and told the court it was shutting down within days. It hasn't ... Continue ReadingLeave a Comment
PayPal is increasing its fees next month
· ServicesAccepting PayPal for a domain sale? Get ready to pay a larger transaction fee. You'd think that increased competition in the FinTech space, particularly with payments, would drive costs down. But PayPal is increasing rates next month for digital ... Continue Reading2 Comments
Domain blocklists can ensnare the wrong targets
· Policy & LawBlocklists don't keep up with domain names as their use changes. Michael Sumner, a partner at domain name sales data site NameBio, had a rough start to November. He woke up on November 2 to find a message from PayPal in his inbox with the subject ... Continue Reading10 Comments
When Big Tech has too much power
· Policy & LawBig tech has too much power to cut off users without recourse. I had two thoughts when I learned that PayPal dropped Epik from its services a couple of weeks ago. My first reaction was, "It sucks that this happened." My second reaction was, ... Continue Reading5 Comments
Masterbucks and tax avoidance at center of Epik PayPal controversy
· Domain RegistrarsAlternative currency pitched as way to avoid taxes could be behind PayPal's decision to stop providing services to Epik. After Domain Name Wire wrote about PayPal dropping Epik last week, Mashable writer Matt Binder confirmed with PayPal that the ... Continue Reading19 Comments
PayPal drops Epik, sparking registrar to cry it is being “deplatformed”
· Domain RegistrarsPayPal apparently inquired about flows of money through the registrar before terminating services; domain name registrar with controversial customers says it is being deplatformed. PayPal has discontinued providing services to domain name ... Continue Reading26 Comments
