I know that plenty of domainers still haven’t used MassPay or don’t even know what it is, so I’m going to use this post to explain it. First off, let’s see what PayPal has to say about MassPay. For starters, PayPal MassPay allows you to send out multiple payments at the same time. Suppose you made a thread on Namepros offering to buy LLLL.coms at $10 each and 20 different people decided to sell — would you really want to go through PayPal 20 times? While MassPay does take a bit longer to do for an individual purchase, it can lead to some pretty substantial time savings if the number of purchases you need to pay for is large. But that’s not all… Here comes the good part: fees when using MassPay are capped at the lower of 2% or $1and paid by the buyer — you can do a $100,000 transaction through PayPal MassPay if you want and it’ll be just $1 for you and zero for the seller receiving payment!

To send payment via MassPay, the buyer needs needs to have a verified PayPal account and MassPay cannot be funded via a credit card, so the risk of a credit card chargeback is zero. Furthermore, it’s not possible to a MassPay payment reversed — I contacted PayPal about this to confirm as there’s been some different opinions going around regarding this. It looks like the only situation you may have to watch out for would be in the case of a stolen PayPal account. As for sending a payment via MassPay, the best guide I’ve come across is still the first one I came across — Stian’s How to do PayPal MassPay payments and avoid fees. Sending payment by MassPay really is a nice thing to do for a seller, even if not explicitly requested — one dollar and a minute of your time might very well save the seller $XXX. It’s worth noting that not everyone is allowed to use MassPay, so if a buyer isn’t paying you by MassPay, it’s quite possible that the reason for that is because he doesn’t qualify to send payment by MassPay.

Related posts:

1. PayPal Chargebacks
2. EscrowDNS
3. Virtual Credit Cards