Domain Industry News

Payoneer Escrow, a payments company that entered the domain name escrow business late last year, has a special offer I thought I would share with you. The company is offering “50% off domain escrow payment fees when you complete a domain escrow transaction anytime until April 30, 2017.” By way of an example, on a $10,000 deal, the escrow fee would be $62.50 ($125 regular price) if the transaction is started during the month of April.

Despite its standing as a major player in the payment processing space, Payoneer’s domain name escrow service is operating like a startup. I interviewed Payoneer Escrow  President Scott Reynolds last year, and he gave a good overview of the company and its plans for the domain space.  The company hired industry veteran Brandon Abbey, who was President of Escrow.com for a number of years, and he currently serves as a company Director.

“Recently we have made a number of changes to the system to enhance the user experience for domainers,” Brandon told me last night. “Many of these have come directly from your suggestions. We are committed to providing the best possible solutions, so keep those suggestions coming,” he said.

Brandon also asked me to encourage