I've read a recent new that online gaming is in hot water at Capitol Hill. Almost a hundred poker enthusiasts of Poker Players Alliance (PPA) lobbied Wednesday to protest a legislation that puts stringent restrictions when it comes to online gaming.
An existing law already prohibits U.S. banks and processors to process credit card transactions made in the name of online gaming. Since then, the demand for an offshore online gaming merchant account has been on a steady rise.
Interestingly, there are three online gaming bills are pending in Congress, they include the The Skill Game Protection Act, the Internet Gambling Regulation and Enforcement Act of 2007, and the Internet Gambling Regulation and Tax Enforcement Act of 2007, all includes clauses for banning online gaming.
If these bills push through, I can only imagine the unrest it would to do the world of online gaming, not disregarding the offline gaming folks. There are endless and many debates on the validity of online gaming, like if the "spirit" lives on when you play in front of the computer. If you're into online gaming, either an operator or a player, then,it's a though to ponder on.
Feel freest to read the whole article for more information:
A Call to let Online Gaming Live
Thursday, October 25, 2007
Pokers rally to let online gaming live on
Finding refuge in an offshore acquiring bank
We all cling to things closest to home. As a high risk merchant, you go to your local bank for your merchant needs. But what if the place closest to comfort puts a wall between you and a high risk merchant account. What's a high risk merchant to do? Worry not, for an offshore acquiring bank is going to the rescue.
An offshore acquiring bank is a financial establishment outside of U.S. soil that provides processing of credit cards for merchants, low risk or high risk merchants alike. They process credit card transactions from customers and deposits the funds to the offshore merchant account. You can make contact with them directly or get the services of an offshore merchant account provider.
An offshore acquiring bank offers more flexible and less stringent conditions when it comes to dealing with high volumes of transactions. Volume caps and holdbacks are also almost non-existent in an offshore acquiring bank. What more could you ask for?
To better understand the nature of an offshore acquiring bank, feel freest to read the whole article:
How an offshore acquiring bank can be your BFF
The real deal on a free offshore merchant account
Have you heard of a free offshore merchant account? This may sound ironic or misleading since the term offshore and free don't usually mix. An offshore merchant account is usually and wrongfully construed for high fees, so where's the FREE factor there?
A free offshore merchant account is real. It is considered as free owing to what a free offshore merchant account offers. With a free offshore merchant account, you can get a terminal with no charge, have a payment gateway set up with no fees, no upfront fees, and free software installations. The discount rate fee will always be there, because that is the fee the bank or the offshore merchant account provider gets for every transaction. Hey, they need to profit just as much as you do as well.
Nothing is absolute but death and taxes and a free offshore merchant account is one of those things that are not absolute and should be taken in a business-like context, not literally. If, as a high risk merchant, you're being offered a free offshore merchant account and the word free relays absolute zero fees, then, that's the time to let the skeptic in you prevail.
A legitimate free offshore merchant account will say that there will be fees, but only those which are necessary. For a better understanding of a free offshore merchant account, read the full article:
Free offshore merchant account: Real or Rumor
