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When you have completed your purchase we will request information from you: either your existing DotRegistrar account name, or the Contact Names, Addresses and Email Addresses to appear in your registration. If needed, Namevo will then create an account on your behalf, and the domain will be transferred. All future control of the name is yours, including of course DNS information, and no future contact with Namevo is required.
The word "Immediate" is intended to be in contrast to weeks of delays common in domain name transfers. At Namevo we're only human, and once you have purchased a name, you'll need to allow up to 24 hours for the process to be completed, or until Monday if you purchase at the weekend. These times cannot be guaranteed, since we are dependent on the internet generally, and on PayPal and DotRegistrar sites being accessible.
Note that domain registrant and DNS information, once updated, can also take up to 48 hours to populate across the internet.