Namecheap.com Domain Price Increase Notification

As a customer of Namecheap.com - domain registrar where some of my domains are registered - I received a notification today that starting October 14, 2007, there will be a slight increase in the domain prices.

Cited reason was that ICANN has allowed the price increase for some domain registries.

GoDaddy started its own price increase with the .info domain. Registration for the first year was originally $0.99 and is now currently at $2.99. That is a 200% price increase. Although the said price is already a sale price, it is still a price increase in the mind of regular domain buyers.

It is a wait and see period if other domain registrars will also increase their domain prices.

I included a portion of the newsletter below for reference on why the price increase will be implemented and what will the new domain prices will be.

In April 2007, the Internet Corporation for Assigned Names and Numbers (ICANN)
approved certain domain registries to increase their prices. Domain registries
are the private companies which manage the registration, technical operations,
and control the allocation policies of the TLD's for which they are responsible.

Domain registries VeriSign(.com, .net tld's), Afilias(.info tld), Neulevel (.biz tld)and Public Interest Registry(.org tld)applied for and received price increases and have announced they will be raising their wholesale prices to all registrars including us.

In light of that decision, NameCheap.com will be adjusting its pricing on Sunday, October 14, 2007 as follows:

.com domain renewals, transfers and new registrations: Old pricing $8.88, new pricing $9.29 per year

.net domain renewals, transfers and new registrations: Old pricing $8.88, new pricing $9.29 per year

.org domain renewals, transfers and new registrations: Old pricing $8.88, new pricing $9.29 per year

.info domain renewals, transfers and new registrations: Old pricing $8.88, new pricing $9.29 per year

.biz domain renewals, transfers and new registrations: Old pricing $8.88, new pricing $9.29 per year

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