eNom reseller question

[NameTower]

How does the system work with payment, ie. do they handle the pay control and credit your account?

or what?

Thanks,
Jordan

 

[Zoobar]

If you use their credit card system to accept payment they credit your account the difference of what you charged for registration and your wholesale reseller cost (including cc trans fees). The commission is payable after 90days (fraud & chargebacks) at which time you can push the money to your account for your purchases or have them mail you a cheque.

If you use your own cc service/paypal service you will have to keep your reseller account funded for your customers purchases. You won't have to wait 90 days to access your commissions but you will be on the hook for all fraudulent transactions and chargebacks.

 

[NameTower]

What are the CC fee's?

 

[Zoobar]

Using Enom CC Services. Fee breakdown as follows:

0.95 transaction fee.
3% credit card charge.

So, if you have a $6.95 reseller account and you retail names for $20, your cost breaks down as follows:

6.95 reg cost
0.95 trans fee
0.60 cc charge
-----
8.50 total cost

Enom credit you 11.50 commission payable 90 days after transaction.

 

[NameTower]

Using PayPal is better..

 

[whitelion]

Paypal is alot better.