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When a registrar registers a com domain name for an end-user, it must pay a maximum annual fee of US$7.34 to VeriSign, the registry operator for com, and a US$0.18 annual administration fee to ICANN. Most domain registrars price their services and products to address both the annual fees and the administration fees that must be paid to ICANN.
Namecheap is an American ICANN-accredited domain name registrar [1] and web hosting company, based in Phoenix, Arizona. The company was founded in 2000 by Richard Kirkendall [2] and has since grown to become one of the largest independent domain registrars in the world, with over 10 million customers and over 17 million domains under management.
When a registrar registers a .com domain name for an end-user, it must pay a maximum annual fee of US$9.59 and for .net the maximum price for one year is set at $9.92 [9] to VeriSign, the registry operator for com, and a US$0.18 annual administration fee to ICANN.
In May 1993, the NSF privatized the domain name registry; Network Solutions was the only bidder on the $5.9 million annual contract to administer it. In March 1995, the company was acquired by Science Applications International Corporation (SAIC) for $4.7 million. At that time, the company managed 60,000 domain names. [5]
Enom, Inc. is a domain name registrar and Web hosting company that also offers other products closely tied to domain names, such as SSL certificates, email services, and website building software. As of May 2016, it manages over 15 million domains. [1]
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