Re: [registrars] automatic renewal policy?
my kudos to VSGRS for figuring out how to take advantage of the 'float'
IMHO we need to provide direction to VSGRS on how the policy of automatic
renewal should work. for instance not debiting the renewal until the 45
day grace peroid is up.
On Thu, 11 Jan 2001, John Tai (Dotster Inc) wrote:
> How are registrars dealing with the significant additional and immediate demand
> for cash caused by NSI's automatic renewal policy?
> Take for example a registrar with 500,000 domains up for renewal, of which 65%
> don't renew but are automatically renewed by NSI/Verisign. That would be 65% X
> 500,000 /360 days X 45 days grace period X$6.00 =$243,750 that would constantly
> be "cash in transit" and would be indefinitely tied up.
> John S. Tai
> Dotster Inc.,