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What happens if SnapNames does not receive payment from the high bidder of an auction?

April 26, 2017auction happens high payment snapnames

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What happens if SnapNames does not receive payment from the high bidder of an auction?

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If we are unable to receive payment from the high bidder, we will either offer the domain name to the second bidder or to re-run the auction for the domain name. We will let the other bidders involved in the auction know by email.