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December 07, 2016

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Here's the The Lowdown from DN Journal,
updated daily
to fill you in on the latest buzz going around the domain name industry. 

The Lowdown is compiled by DN Journal Editor & Publisher Ron Jackson.

Payoneer's Plunge Into Domain Escrow Pays an Early Dividend - Trellian Picks Them to Handle Above.com Payments

In early October I told you about global payment services company Payoneer's decision to get into the domain escrow business. Well, it hasn't taken them long to land a major new account. We've learned from Trellian.com President David Warmuz that his company will be integrating Payoneer’s online escrow payment solution into its domain name marketplace Above.com (Trellian, a leader in direct search navigation, has also been a long-time provider of popular products for domain investors). 

David Warmuz
Trellian President 

Of Payoneer, Warmuz said, "Great people, great product and even better pricing, is exactly why we are very happy to have chosen Payoneer. Offering a world-class payment option to our customers is critical for Above.com, especially in this competitive domain marketplace space.”

Warmuz noted, "Payoneer’s innovative payment platform enables global companies and marketplaces to transfer funds quickly, securely and at reduced cost to more than 200 countries and regions in over 150 currencies. Thousands of companies, including Airbnb, Getty Images and Google rely on Payoneer’s payment services."

Scott Reynolds, Vice President of Payoneer’s escrow division, said, "We are very excited to have been chosen to handle payments for Above.com. Our philosophy is to create long-term mutually beneficial relationships and we look forward to working together.”

(Posted December 7, 2016)

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