Understanding Secure Checkout

How Secure Checkout Works

globNIC uses secure PayPal checkout for eligible marketplace sales. globNIC is not a licensed escrow institution — payment is held through PayPal settlement while the registrar transfer proceeds.

External Marketplace Listings

Some syndicated or external listings may use Sedo or GoDaddy escrow where applicable. Always review the checkout path shown on the listing before you commit.

Why This Matters

• Buyer protection — Payment is not released before transfer confirmation on eligible globNIC sales
• Seller protection — Transfer proceeds after checkout is secured
• Fraud prevention — DNS verification reduces counterfeit listings
• Dispute resolution — globNIC mediates if issues arise

Fees

| Party | Fee | |-------|-----| | Buyer | No additional escrow fee on standard PayPal checkout | | Seller | Platform commission deducted from payout |