Funds exchange between GoDaddy accounts

Discussion in 'Domain Names' started by andrej, Mar 22, 2007.

  1. #1
    I wonder if it is possible to send & receive funds to / from your GoDaddy account from / to an other GoDaddy account?

    I consider doing this, as I cannot use PayPal and find this a good alternative, as I need to register some domains.

    If it is possible, is there any minimal sending limit? And does this work with Dynadot, too?
     
    andrej, Mar 22, 2007 IP
  2. eddy2099

    eddy2099 Peon

    Messages:
    8,028
    Likes Received:
    568
    Best Answers:
    0
    Trophy Points:
    0
    #2
    Godaddy is not a merchant account. Any funds you send them will be for your own exclusive usage. However, it is possible to use the existing funds to buy domain name for others then pushing it to their account. Just not use it to pay each other as an alternative to Paypal.
     
    eddy2099, Mar 22, 2007 IP
  3. andrej

    andrej Notable Member

    Messages:
    3,210
    Likes Received:
    130
    Best Answers:
    0
    Trophy Points:
    220
    #3
    Thank you for your explanation.

    Does the same rule apply to Dynadot accounts?
     
    andrej, Mar 22, 2007 IP
  4. eddy2099

    eddy2099 Peon

    Messages:
    8,028
    Likes Received:
    568
    Best Answers:
    0
    Trophy Points:
    0
    #4
    Domain name registrars may allow you to pre-load your account or even get payments from the sale of your domain name through their system. But they do not have the license to do money exchanges and thus you cannot transfer funds from one account to another.
     
    eddy2099, Mar 22, 2007 IP
  5. andrej

    andrej Notable Member

    Messages:
    3,210
    Likes Received:
    130
    Best Answers:
    0
    Trophy Points:
    220
    #5
    OK, thank you.
     
    andrej, Mar 22, 2007 IP