rowan

The last important change is that Verotel has reached agreement to become a registrar for domain names on the Internet. Currently your domain name might be registered with other ICANN accredited registrars, such as Network Solutions, Register.com, or GoDaddy. You pay annual fees for this with these registrars.

If you have a Verotel Ticketsclub account, starting November 15, 2004, Verotel will take over the registrar responsibility through one of our subsidiaries, as an ICANN accredited registrar, for your domain names for which you accept credit card transactions.

With this change, the registrant of the domain name will be Ticketsclub and not the Ticketsclub merchant. More information will be made available later this month. This change has a couple of advantages for the Ticketsclub merchant:

1. The WHOIS information shows Ticketsclub as the owner of the website. Therefore, Ticketsclub will handle all abuse complaints in accordance with Verotel's content and anti-spam policies.
2. Ticketsclub takes the domain name 'in escrow' from the Ticketsclub merchant. That means that the Ticketsclub merchant remains the ultimate beneficiary of the domain name. With your Verotel ID and Secret you can at any time choose to transfer the domain name to another registrar from within the Verotel Control Center.
3. The Ticketsclub merchant does not have to pay any annual domain name registration fees. These fees are paid by Verotel.

http://www.verotel.com/new_ipsp.html

First question that springs to mind - what happens to sites that use other processors as well as Verotel? This registrar thing seems to be a mandate rather than an option.