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

["Tim Ruiz" <tim@godaddy.com>]

What would think about the registries giving us 5 days to cancel with full
refund as they do now, but add a 30-60 day window in which we could cancel
and receive a refund less 1 year?

Tim

-----Original Message-----
From: owner-registrars@dnso.org [mailto:owner-registrars@dnso.org]On
Behalf Of Bhavin Turakhia
Sent: Thursday, September 05, 2002 12:05 PM
To: registrars@dnso.org
Subject: RE: [registrars] Re: Registrars Collecting on Multi-Year
Registrations


> We need all remember that we are currently pushing the
> Verisign registry to change the auto-renew policy to an
> auto-delete/explicit renew which would free up significant
> dollars for all of us that currently gets tied up in
> maintaining an unnecessarily high float with the registry.

The discussion here was however with respect tio verisign registry not
making it easier for registrars to reduce theirt losses incase of
fraudulent transactions on multi-year domain registrations.

If a domain is deleted and it has 10 years we should atleast be refunded
for 9 years.

Offcourse there is the addtl tweak of reducing costing on multi year
registrations since they would make money on the interest float anyways.
However the fraud concern is a higher concern

bhavin