RE: [registrars] Registrars Collecting on Multi-Year Registrations

["David Wascher" <dwascher@iaregistry.com>]

So Rob,
If a customer wants a domain for 4 years does the customer pay upfront for
the 4 years? Then the registrar system has to keep track and do a renewal
every year on the date of expiration.

This allows the registrar to keep the registration fee of $18 as a float for
3 years instead. If the registrant transfers the domain the first year what
happens to the other 3 years worth of money?

This may be a business model but practical for who the registrar or the
registrant?

David

::-----Original Message-----
::From: owner-registrars@dnso.org [mailto:owner-registrars@dnso.org]On
::Behalf Of Rob Hall
::Sent: Wednesday, September 04, 2002 2:26 PM
::To: registrars@dnso.org
::Subject: RE: [registrars] Registrars Collecting on Multi-Year
::Registrations
::
::
::This is a valid business model for many reasons.
::
::It is not against our Registry contract, and should not be until the
::registry model changes.
::
::Rob.
::
::-----Original Message-----
::From: owner-registrars@dnso.org [mailto:owner-registrars@dnso.org]On
::Behalf Of Mike Lampson
::Sent: Wednesday, September 04, 2002 1:17 PM
::To: registrars@dnso.org
::Subject: [registrars] Registrars Collecting on Multi-Year Registrations
::
::
::All,
::
::This is a terrible business practice as documented by VeriSign.
::Prohibition
::against such practices needs to be in our Code of Conduct.
::
::Regards,
::
::Mike Lampson
::The Registry at Info Avenue, LLC
::
::
::
::----- Original Message -----
::From: "VeriSign Global Registry Services"
::To: VeriSign Registrars
::Sent: Wednesday, September 04, 2002 12:42 PM
::Subject: Registry Advisory: Multi-Year Registrations
::
::
::To All Registrars:
::
::As you know, running effective renewal campaigns depends upon keeping
::accurate customer data, including contact information for reaching them by
::e-mail, direct mail, or phone. Equally important is ensuring expiration
::dates between VeriSign Registry and registrar are consistent.
::
::The sale of a multi-year registration that is registered with VeriSign
::Registry for only one year will create a discrepancy in the
::expiration date,
::meaning you have to manage separate expiration dates for registrations,
::adding cycles to your renewal efforts and increasing the chance that a
::registration may be inadvertently deleted.  Additionally, registrants who
::have paid for a multi-year registration but later become aware that they
::only received a one-year registration may question the
::registrar's right to
::engage in such a transaction. Indeed, processing multi-year
::registrations as
::one-year registrations will create a liability on the part of the
::registrar
::should the registrant choose to transfer its registration to another
::registrar.  The transfer process causes the discrepancy to surface because
::the full registration term purchased by the registrant will not carry
::forward to the new registrar. All registrars are required to process all
::domain name registrations and renewals through VeriSign Registry with the
::same term length as was agreed to by the registrant.
::
::All registrars should periodically crosscheck their data with VeriSign
::Registry data available in the weekly Domain Name reports.  Our Customer
::Service Representatives are always available to assist you with any
::questions you have on discrepancies between your registration data and
::expiration dates with VeriSign Registry. If you have any
::questions regarding
::this Registry Advisory, please contact Customer Service
::
::Chris Sheridan
::Manager, Customer Service
::VeriSign Global Registry Services
::www.verisign-grs.com
::
::
::
::
::
::
::