What are the consequences of nonpayment for the bought domain?

What are the consequences of nonpayment for the bought domain?

Nonpayment for a domain purchased on the marketplace is a serious breach of the rules governing the marketplace. Buying domains without the intention of paying for them results in significant losses for the sellers because as long as the domain is awaiting payment, they cannot sell it to another person.

In that connection, if you do not pay for the domain on time, your account will be blocked. This means that you will not be able to perform any account operations or on domains in your account, until you will have paid the account unblocking fee. You can find the amount of this fee in our price list. The account locks after the non-payment for a domain as this is a measure reminding buyers that it is extremely important to respect the rules of purchasing on the marketplace.

Why has my account been blocked?

If you know in advance that you will not be able to pay the bought domain by the due date, contact the seller to ask them to extend the payment period.

Is it possible to extend the payment period in an Escrow transaction?

Nonpayment for the purchased domain causes not only blocking your account, but it also lowers your account rating, which affects your credibility in sellers’ estimation and may permanently prevent you to purchase further on the marketplace.

What is the account rating?

How is account rating calculated?

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