The NameJet agreement states you will pay for the domain upon demand (when the auction closes or when a domain is awarded). Accordingly, for domains that require credit card payment, our system will automatically and continually attempt to charge your card on a periodic basis.
If our system is unable to process your credit card, or if an auction requires payment via wire transfer, we provide grace periods, as detailed below.
Pending Payment Status
During the Pending Payment time frame, we will provide 7 days to pay for domains for Non-Verified bidders, and up to 14 days for Verified Bidders (see Verified Bidder Process and Advantages for additional info regarding this). Courtesy emails will be sent each day with your list of outstanding domains.
You can view your outstanding auctions under My Account > Auctions Report
Past Due Status
If you fail to pay for an auction by the first Pending Payment due date, your account will go into Past Due status and all bidding functionalities of your account will be deactivated. NameJet will provide non-Verified bidders a courtesy extension of 7 additional days (14 days for Verified Bidders) to pay for domains while the account is in Past Due status. Courtesy emails will be sent each day with your list of outstanding domains.
While in Past Due status, any existing backorders you have placed will not be carried into auction, nor will you win any auction where you are the current high bidder. You will not be able to bid in active auctions and your proxy bids will be removed as well. Once your Past Due auctions are paid, all restrictions are removed.
Closed for Non Payment
If we do not receive payment during the Past Due time frame, the outstanding domains will be marked as "non-payment" and may be re-sold to other bidders, and your account will be closed permanently. Once your account is closed, you will no longer have the option to pay for outstanding domains.