Would it be useful to pay for domain regs by Neteller.

[Ace Fun]

I'm wondering if it's worth adding it as a payment option

[VPJunkie]

It would be a big deal for gambling webmasters since we can't get our payments to PayPal anymore, but it costs $1000 to open a corporate NETeller account, last I talked to them. Would it be cost-effective?

[Ace Fun]

PayPal have caused quite a lot of changes. I've installed a registration api for OnLineNIC and that is working. I'm just putting together some own brand pages for the site. I'll be offering registration for not more than US$9.95.

I won't be accepting payments on-line, but I will take various forms of prepayment and let members either leave money in an account or just pay when they want something. As it will be a pretty small operation, I was going to explore the personal transfer facility for Neteller and offer it as a service to board members.

I register and maintain 400 to 500 domains a year for myself and friends, and this expansion was triggered by a need for members of another board to register domains using Money Bookers.

If you think there is a demand for it, I'll pursue things a bit more, but it isn't worth a $1,000 investment.

[Amateur]

I'm thinking Neteller doesn't want to expand in that direction right now for a reason. Otherwise, why put such a steep premium on it. Maybe the return on investment isn't worthwhile, or, maybe they want to keep that end strictly for offshore operations. Not get tied up with lots of small US operations, that could jam them up down the line.

[Ace Fun]

I guess it comes down to whether they will let me reg domains on someone else's behalf and use a personal transfer to accept payment.

I'm an authorised reseller, so that may influence things a bit. Technically I'm transferring funds from Neteller to PayPal via my personal accounts to do it

[Ace Fun]

I've just had a look at the Neteller per to peer rules, and there doesn't seem to be any restriction provided both parties are certified. You even earn points for doing it.

I guess the merchant fee is justified by the backend processing risks and overheads.