subject: How Do I Find The Best Domain Name Escrow? [print this page] Having the ideal domain name for your web site is critical. It's your means of ensuring that customers remember your web site. It's essential to your image. Unfortunately, it can happen that the ideal domain name for your site has previously been purchased by someone else and there's no other option but to buy it from another party who's not an authorized domain name vendor. In this case you need to know how prevent being scammed because some people simply buy up domain names and then purport to resell them. Innocent domain name buyers pay hundreds or thousands of dollars for the ideal domain name, but they never acquire the domain name.
Majority of domain name resellers are legitimate business persons and very often your purchase will be safe, but you'll never know for sure until the transaction is completed. A good technique to protect yourself is to go through a domain name escrow service. The moment you find a domain name you want to buy, phone the vendor and request that you would like to complete the transaction going through an escrow service where everything can be handled securely. The escrow company makes sure both you and the seller are not defrauded and pleased, allowing neither the purchaser nor seller to control the domain name and the payment at the same time, which means both can breathe easy.
A domain name escrow site ensures you acquire full custody of the domain name before the provider gets your money. For a modest fee, you can enlist your transaction with an escrow firm and entrust your payment to the escrow service instead of paying the seller directly. The escrow service keeps your payment until you confirm that the domain name has been delivered to you. After you certify receipt of the domain name, the escrow service releases payment to the supplier.
As the buyer, you're safe because the merchant doesn't receive your money unless you advise that ownership of the domain name has been conveyed to you. It also gives the vendor confidence, knowing that your payment has been deposited before transferring ownership to you. Also, good escrow services have top-of-the-line security systems to keep your information safe from pernicious identity thieves.
However, when picking a domain name escrow service, you need to be sure that the escrow site is authentic and not a bogus site contrived to give you a false sense of security. Things you can take to avoid fake escrow services include:
- Ensuring the site is protected-with a URL (address) starting with "https://".
- Searching the web for independent references to the site like reviews, articles and directories that affirms it is a genuine site.
- Check a WHOIS database to make certain the owner of the web site is actually the escrow service.
- Avoid going through a service that leads you to transact through an untraceable money transfer option like Western Union or Money Gram.
One well-known domain name escrow service is PayPrimo.com. This escrow site not only has modern security measures, such as minimum 128-bit data encryption and cutting-edge firewalls to protect your data, but it also features a dispute resolution service to mediate issues between you and the supplier if a problem arises. Trustworthy domain name escrow services, like PayPrimo.com, also use familiar and traceable money transfer channels, like credit and debit cards .
In addition, PayPrimo and other quality escrow services have aspects that lends a positive tone to your escrow experience . Among the more essential elements to look for are diverse payment options, including credit cards, debit cards, and wire transfers; detailed help guides; detailed transaction instructions; and an user-friendly and flexible interface that makes makes conducting business a breeze. If you are ordering domain names from sellers in other countries, also determine whether your escrow service accepts payments in multiple currencies, particularly EUR, USD and GBP, like PayPrimo does.
