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Re: [registrars] Verisign registry requirements for credit during 45 day grace period after domain name expiry


Isn't there also a fourth option?
 
VeriSign doesn't auto-renew. It just provides a 45-day grace period. If the registrar doesn't explicitly renew, the name is dropped.
 
Tim
-------- Original Message --------
Subject: Re: [registrars] Verisign registry requirements for credit during 45 day grace period after domain name expiry
From: "Ross Wm. Rader" <ross@tucows.com>
Date: Mon, April 29, 2002 6:43 am
To: "Bruce Tonkin" <Bruce.Tonkin@melbourneit.com.au>, <registrars@dnso.org>

Bruce/All:

There is a third option - that VRSN act like 99% of all other
suppliers and extend credit terms for goods sold to their clients. It
would certainly be my preference that we receive an invoice for items
sold once a month rather than allow VRSN to manage our accounts
payable.

-rwr

----- Original Message -----
From: "Bruce Tonkin" <Bruce.Tonkin@melbourneit.com.au>
To: <registrars@dnso.org>
Sent: Monday, April 29, 2002 1:39 AM
Subject: [registrars] Verisign registry requirements for credit during
45 day grace period after domain name expiry


> Hello All,
>
> At present the Verisign registry requires a credit balance to be
maintained
> by registrars.
>
> After a domain name passes the expiry date, the registry
> "auto-renews" the name, and charges against the funds maintained by
> the registrar.
>
> There is then a 45 day grace period, during which the domain name
> may be deleted, and the registry fee refunded.
>
> Given that probably only around 50% of domain names are renewed,
> there is
a
> need for a registrar to maintain a higher credit balance than
> necessary (unless the registrar chooses to not take advantage of the
> 45 day grace period, and explicitly delete the domain on the day of
> expiry).
>
> Melbourne IT feels that either:
> (1) Verisign should not debit the account balance until the end of
> the 45 day grace period
> (2) Verisign should only debit the registrar at the beginning of the
> 45
day
> grace period for an amount that reflects the average renewal rate of
> that particular registrar (e.g if the registrar on average renews
> 10% of
domains
> by the end of the 45 day period, then the registry could debit the
> registrars account by that number of domains at the beginning of the
> 45
day
> period).
>
> What do other registrars think?
>
> We have found that as our total number of domains under management
> has grown, the requirement for a large credit balance is increased
> (and hence the opportunity cost of providing those funds that could
> be used
effectively
> elsewhere).
>
> Regards,
> Bruce Tonkin



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