Guest
Hi all
When we make a multi-year domain registration prepayment, does the registrar concerned have to pay $6 x n (n=no. of years) to VeriSign/Network Solutions right away, or just pay $6 at first?
Example
If a domain name is newly registered at So-So registrar (ICANN accredited) for 10 years, does So-So pay $60 to VS/NS immediately for all 10 years ("Scenario A"), or just $6 (& then $6 every year upon renewal to VS/NS) ("Scenario B")?
The reason for this question is financial risk. If So-So goes under anytime during the 10 year duration, the balance of the prepayment is at risk if Scenario (B) reflects the accepted practice.
Would appreciate if anyone could shed some light on this matter.
Thanks!
Samantha
When we make a multi-year domain registration prepayment, does the registrar concerned have to pay $6 x n (n=no. of years) to VeriSign/Network Solutions right away, or just pay $6 at first?
Example
If a domain name is newly registered at So-So registrar (ICANN accredited) for 10 years, does So-So pay $60 to VS/NS immediately for all 10 years ("Scenario A"), or just $6 (& then $6 every year upon renewal to VS/NS) ("Scenario B")?
The reason for this question is financial risk. If So-So goes under anytime during the 10 year duration, the balance of the prepayment is at risk if Scenario (B) reflects the accepted practice.
Would appreciate if anyone could shed some light on this matter.
Thanks!
Samantha