Domain Parking simply means keeping your domain in the server of a host parking server so advertisers sites and links can be puped into your own hosted domain.
Simply put, you register domain, and optimise it to make money daily from advertisers who are paying you based on landing clicks.
Once you have registered your domain, quickly rush to any Domain Parking Website where you can Monetize your domain
Note that parking comapnies payment are varied based on who their partner is. Some partner with Google for Domain program while other partner with Yahoo Domain Services.
Some will pay yopu twice a month while some pay at monthly.
Once you have signed up, complete your details correctly and choose your payment method. They have payment options ranging from paypal, check or direct wire transfer to your account.
If you have a domiciliary account, you will need to choose the "pay by check" option. However, if you have a paypal account, chose paypal option.
Resource is: http://www.domainincomenews.com/
