If you are new to selling websites online, I recommend a third party service such as Escrow.com to handle payment. Escrow.com and its operating subsidiaries provide online escrow services that facilitate and accelerate e-commerce by assuring secure settlement.

They have a service for buying and selling domains online. Domain Name Escrow Service protects your money and your domain.

Since the Buyer pays Escrow.com and not the Seller, Escrow.com can withhold payment until it’s satisfied the domain name has been transferred by the Seller. One of the ways Escrow.com does this is by checking the WHOIS database of the appropriate Registrar* to make certain it properly reflects the new Buyer’s name as the domain name Registrant. Once this has been verified, Escrow.com releases payment to the Seller.

Benefits for Buyers

• Peace of mind, Security, and Convenience
• Assured Domain name transfer prior to paying Seller
• Ability to confirm domain ownership directly with the registrar before the seller is paid.
• Ability to pay by wire transfer and in some cases PayPal, check, money order, or credit card (Visa, MasterCard, American Express) Restrictions apply
• Ability to send credit card information to a financial institution, not a stranger
• Easy access to live customer support by phone or email

Benefits for Sellers

• Peace of mind, Security, and Convenience
• Payment verification prior to Domain name transfer
• Guaranteed payment once transfer specifications are met
• Protection against credit card fraud, insufficient funds or credit card chargebacks
• Ability to accept credit cards and PayPal if otherwise not able to. Restrictions apply
• Escrow fees that may be lower than merchant credit card processing fees
• Easy access to live customer support by phone or email

You however have to be careful. There is always risk in selling your website online and getting paid for it. You can always opt for Paypal. This is a great alternative but just watch the fees. If you sell your site for a lot of money, the Paypal fees will really eat up your profit.

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