Go Daddy makes speedier payments for Premium Listings, adds fresh payment options

Premium Listings will now be paid faster and by more than just checks.

Go Daddy’s Premium Listing service, which lets you offer domains for sale in the registration path — is a big part of many domainers’ business models.

The big drawback has been slow payments, which can take up to 45 days to arrive.

Go Daddy is finally speeding up payments and offering more payment options.

You can now get your payments by ACH, PayPal, your Good as Gold account, or old fashioned check.

Even better, payments will be processed following just a five day waiting period.

There’s one catch if you still prefer to receive a check: a $25 fee.

Your payment method is defaulted as a check if you don’t change it. The $25 fee will kick in January 1, 2013.

Also note that payments are slower (but commissions are lower) if a Premium Listing sells through Go Daddy auctions instead of the registration path at GoDaddy.com.