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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