Domain Registrar and Web Hosting (opens in a new tab) GoDaddy has launched a new system that allows business owners to register a new domain and start accepting payments from customers immediately.
Paid domains are branded paid links that create a checkout page that can be shared via link, allowing US domain name customers to begin accepting payments immediately after purchasing a newly registered domain name.
Payable Domains is available now, does not require a website or eCommerce store to function, and can be customized with company logos, product images, product or service costs, or other branding content.
Pay by Domain
Similar to Monzo’s shared payment link service, GoDaddy’s new offering includes the ability to share payment domains with customers via text, social media or QR codes, with a transaction fee of 2.3% + $0.30 per online transaction.
Business owners who use a domain registrar (opens in a new tab) Purchasing any domain name provides access to paid domain services through GoDaddy’s backend dashboard.
“While there has been innovation around add-on products to domain names, such as domain privacy and ownership protection services, not much has been done to enhance the capabilities of domain names themselves,” said Paul Nicks, president of domain names at GoDaddy.
“Domain names are largely used as digital identities for businesses, but with this new commerce capability, we see domain names taking on a more flexible role for budding small businesses. Payable Domain is ultimately an innovative and cost-effective tools that allow entrepreneurs to accept online payments even before building a website.”
GoDaddy customers who register their name or business domain name will then receive the corresponding payment domain name to accept payment. Once the first payment is received, the domain owner will be able to link the bank account to their GoDaddy payment account.
Currently, GoDaddy Payments is integrated into many GoDaddy Commerce products, including its website builder, managed WordPress, and managed WooCommerce store plans.
“We’re very focused on building connected commerce solutions that make it easier to grow your business, whether you’re just naming your business or expanding it across the country,” said Osama Bedier, President of Commerce at GoDaddy. .” “With Payable Domains, it’s never been easier to start selling online.”
GoDaddy said users will need to complete a verification process before they can receive payment for transactions.