Pay.com owner announced that it has granted DomainAdvisors with the exclusive rights to broker the sale of Pay.com domain name.Pay.com characterizes three ares of the online payment industry : bill pay, payroll processing and the exploding micropayment industry.
You can read the press release after the jump :"The industry defining domain name, Pay.com, is now listed exclusively for sale with DomainAdvisors. Pay.com characterizes three major areas of the online payment sector: bill pay, payroll processing, and the exploding micropayment industry. According to the Yankee Group, there will be over $985 billion dollars in worldwide mobile micro payments alone by 2015. Currently 1/3 of all internet users are utilizing a micropayment service, and that number is expected to rise exponentially in the upcoming years.
"Domain names like Pay.com have a strong and memorable branding association and offer significant advantages to online businesses in terms of pay-per-click (PPC) keyword advertising and search engine optimization (SEO)," said Tessa Holcomb, CEO of DomainAdvisors. "It's not often that a domain name of this caliber becomes available for sale, and we are excited about the opportunity. There are only a few names representing the small segment of the domain market commanding a multi seven-figure price tag and Pay.com is definitely one of them."