Escrow.com is the preferred payment method for the buying and selling of domain names, with transactions including uber.com, snapchat.com, instagram.com, gmail.com, chrome.com, spacex.com, wordpress.com, twitter.com, slack.com, wechat.com, freelancer.com and many others.
Buyer pays Escrow.com by Credit Card, Paypal or Wire
Escrow.com holds Buyer's payment in a trust account
Seller transfers the domain name to the Buyer
Buyer accepts the domain name transfer
Escrow.com pays the Seller