In the past, premium listings pretty much worked like this: if a domain was sold, they’d send you a check… eventually. It took ages until the seller got paid and the entire arrangement showed a clear lack of respect towards domainers in my opinion. All of this changed and as some of you already found out, GoDaddy introduced new payment options as well as (considerably) faster payment timeframes.
Ok, I get it.
Their justification for the prior arrangement was the fact that they could have lost money due to chargebacks.
But come on, you can’t run a business without calculated risks.
They finally understood this and implemented changes accordingly, making GoDaddy premium listings a reasonable solution.
A smart decision in my opinion, can’t believe it took them this long