It seems that Moniker has changed the manner in which domain accounts are funded.
Up until recently, one could fund their account in $50 and $100 increments. The new system, however is scaled as follows:
- $50
- $500
- $1000
- $1500
- $2000
Which means that if one needs to add $300 to their account, they need to make 6 separate transactions of $50 each. Not too efficient of a method.
As if that were not the only problem, it seems that there are lots of accounts with small amounts of money, less than the fees for a domain registration. These funds cannot be utilized and they sit unused in their respective Moniker accounts.
On the other hand, other registrars such as Fabulous.com utilize the cash portion of one’s account first – down to a balance of zero – before charging the remainder to a credit card.
Clearly, Moniker/Oversee need to be more efficient in how they manage their customers’ funds.
