If you won any auctions on NameJet today, you probably noticed the new “Online Admin Fee” fee being charged in the Order Confirmation emails the company sends. I won an auction today for $109, and the 2.5% admin fee added $2.73 to bring my total order to $111.73. This new fee was implemented for the first time today.
The news was announced in email sent to clients informing them of the ability to add funds via PayPal and Alipay. From what I have heard, the additional payment options are good for bidders who have difficulty paying for their auctions with other payment methods. For me, it’s a bit of an annoyance having to record the additional fee instead of simply putting in the winning bid amount.
The email NameJet sent is below for your reference.
We have some exciting news to share!
Beginning December 14th NameJet will offer the ability to Add Funds to your account via PayPal and Alipay! This will make it easier than ever to win and pay for domains on NameJet. Simply click on the Add Funds link in your My Account page and proceed from there once those features are live.
You will also be able to delay the automatic billing so you can adequately fund your account post-auction. The limit for adding funds this way will be $5,000 USD (instead of the previous limit of $2,500.) That new limit is also being extended for adding funds via credit card!
Also, in order to provide these types of features and to continue improving the NameJet experience, beginning December 14th NameJet will charge a 2.5% Online Administration Fee for all payments made to NameJet via any online method, such as credit card (regardless of what credit card is used), PayPal or Alipay. This fee will be applied to any payments billed for auction wins when utilizing an online method (including the credit card on file) and for adding funds to a NameJet account via an online method. Please note that paying for domains via wire transfer will NOT incur this fee.
Thank you for your business and have a safe and happy holiday season!
The NameJet Team