Uniregistry: “Change your Market Payout Profile”

3

I received an “Action Required” email from Uniregistry this morning, and I want to pass the message along to people who might simply disregard it. According to the email, Uni (now a GoDaddy brand) has changed its payment processor in the Uniregistry Market. Uniregistry is now using Tipalti for its Market payments. As a result, customers are required to update their payment settings in order to get paid.

I have no idea how long a payment update takes to process, so this is something Uni Market customers will want to address before their next sale to avoid delays. I don’t really sell via Uni, so I don’t think I am going to touch anything. It’s unfortunate that GoDaddy / Afternic customers can’t simply select the current settings they have since it’s essentially the same parent company.

On a totally unrelated note, it’s a bit peculiar that the logo branding in the email and on-site is “Uni” but all of the messaging is “Uniregistry.” In my non-expert opinion, they should pick a brand name and stick to it.

Here’s the email I received this morning:

Uniregistry – Action Required

Change your Market Payout profile!

As communicated previously, Uniregistry is now using Tipalti as its Market payout system. We wanted to let you know that your existing payout method in your Uniregistry account was not migrated to Tipalti

In order to receive any payments, you will need to create a new Market payout method.

Please follow the instructions on the link below to create a new payout method on the Tipalti system inside your Uniregistry account:

https://www.uniregistry.help/hc/en-us/articles/1260802451190-Create-a-payout-profile-with-Tipalti-

If you have any questions please reach out to help@uniregistry.com.

Cristiano Lopes
Uniregistry Support Manager

If you have any questions please feel free to email our support team at help@uniregistry.com or check our online knowledge base at uniregistry.help, we’re always available to help out.

3 COMMENTS

  1. Was very confused and I admit I clicked on link after looking at the email address. They used the .com and then the link was sent to .help website.

    I was half awake and I was afraid I got a phishing email. Fuck and now I’m fucked. Thank you that was not the case.

    But I don’t plan to open any more emails from uni. Because of this. I didn’t update the profile. Now having said that I am worried what they did to Brent. Any Indian company can do this or person. 100 dollar offers on a 5 figure domain.

    Not a huge fan of name cheap and set up but that explains why he transferred his portfolio out.

    Disappointed in godaddy. If they don’t announce a statement or do what’s right godaddy will not be respected anymore in the community.

  2. This update was not handled well, it is very confusing to say the least. I would rather just transact at Dan anyways, bye uni

  3. I have just received payment by wire transfer two days after my latest sale.

    Here is the approximate timeline of events:

    FRIDAY – I tried to setup my UNI account for the new Tipalti payment system.

    The instructions are very clear and methodical and there were no problems for me – with the exception that no field appeared to attach my W-8BEN form for the IRS on the Tax Form page.

    So I completed the setup anyway, with that one exception.

    SATURDAY – I contacted UNI support and asked them to review my setup.

    SUNDAY – UNI support replied quickly and said my setup appeared to be complete.

    It seems probable that the system recognised that I had previously supplied the tax form to Afternic (as far as I recall).

    MONDAY – I sold a domain, this one was a BIN at Uniregistry with the domain setup for fast transfer.

    A message from UNI said the transaction was complete and that the earnings were credited to my account.

    WEDNESDAY – I received a message from Godaddy today saying the funds have been sent by wire transfer (but that the transaction may take up to 5 days).

    However, I checked my bank account just now and the funds have already arrived.

    This is very cool, from sale to payment in about 48 hours. Congrats to Uniregistry and Godaddy for this improvement to the integrated platform.

Leave a Reply