There’s no seller protection for domains but it makes the buyer more comfortable.
I saw that Efty has added the option to accept PayPal payments for domain names listed on its platform. I can see how this could boost sales; PayPal is trusted and much more recognizable to the general population than an escrow service like Escrow.com and Payoneer.
In a blog post, Efty wrote:
At Efty we do recommend using a licensed escrow integration partner such as Escrow.com or Payoneer Escrow for higher priced domain names but we also understand there are benefits of adding PayPal buy-it-now buttons for your lower priced inventory such as receiving instant payment for your domain name and allowing buyers to pay for your domain name in a matter of seconds instead of going trough the often longer, escrow process.
I agree with this.
Keep in mind that PayPal protects buyers of intangible goods like domain names but not sellers. So you’re taking some risk when you sell a domain with PayPal. Click here to continue reading…