What-to-do list for your Offshore Merchant Account Application

When all else fails in your merchant account application, be brave to thread the waters of having an offshore merchant account.



Being rejected for your application is stressing. But you should stand firmer and hold your head up high for there is always a shining light at the end of the tunnel. The main concept of a merchant account is that this allows you to accept credit card payments from your customers. Merchant accounts are maintained by a bank. The payments go into the merchant bank account. With an offshore merchant account, a foreign bank will be the one to maintain the merchant account.


Avoid the hassle of falling in long lines by breezing the whole article:

What-to-do list for your Offshore Merchant Account Application

Playing with luck with your lottery merchant account

Feeling lucky today?


With a lottery merchant account, the good fortune is a few steps closer to your doorstep.

Venturing into operating a lottery business seem ideally convenient, but when you go to a bank to apply for a lottery merchant account to be able to get bets through credit card payments, a different scenario comes in. Delving into the world of lottery is a good pale to start understanding the reasons why it's close to anything but perfect.

To begin, lottery is a form of gambling. Each ticket has a unique number or symbol corresponding to a individual lot. These lots are subjected to a draw, either by a person or a machine, if your lot is the one drawn, then you hit the jackpot.

Early sightings
Lottery first surfaced approximately 200 years before Christ was born. Main purpose was to raise funds for constructing dams, houses, temples, and significant landmarks, ultimately the Great Wall of China, which is now part of the prestigious Wonders of the World list. Leisure was the driving force of lottery existence in Europe during the Roman Empire. During this period, the elite were the only group of people who can participate in this game.

What happens in the tea parties is that each arriving guest receives a ticket, with impeccable dinnerware as the prize pot. Winning money became the main goal for the Dutch. Every participant had an average of four tickets with a probability of only one of those tickets hitting the prize money. The modern-day name of lottery came from their tongue, loterij, which came from lot meaning fate. It is interesting to note that their staatsloterij still exists and is considered as th e oldest existing lottery.

Don't leave it solely to chance.

Read the whole article:
Playing with Luck with your Lottery Merchant Account

Who am I?: Ways to avoid identity theft

Ever wondered what lies out there?


Well, think not too far, for somewhere out there in the not-so dim moonlight, someone might painstakingly trying to be you.


For many years now, we all have tried to secure our personal information, techy gurus have developed softwares to safeguard critical information that are electronically kept. Scrupulous persons in their state of solitude are creating ways to get in and steal the information for purposes God knows what.

Learn more about how to prevent identity theft by reading the whole article:

Who Am I?: Ways to Avoid Identity Theft

Clash of the titans: Offshore merchant account vs. domestic merchant account

Introducing on the right corner, offshore merchant account, on the left corner, domestic merchant account.


There has been a discreet battle between offshore and local merchant accounts since high risk businesses are multiplying by more than a dozen on a daily basis. Also, debates on who has the edge have surfaced. Would it be a more peaceful world if we reconcile these two?

Learn more about the superseding qualities of these two by reading the whole article:

Clash of the Titans: Offshore Merchant Account vs. Domestic Merchant Account

Less is More: Achieving Quality with your Low-Cost Offshore Merchant Account

So you thought you got the best deal in your offshore merchant account? Think again.


Hey, I'm not trying to spoil your fun here. Just making sure you're in good hands. Ok, your discount rates are lower, you have low minimum fees, you pay lower than the industry-dictated rates. That's good, right? Or, it isn't?



All or nothing

Let's start with the fees that you are required to pay when you set up your offshore merchant account. You have your:

• Application Fee,
  
• SetupFee,
  
• Programming Fee,
  
• Annual Fee,
  
• Monthly Maintenance Fee,
  
• Overlimit Fee,
• GatewaySetup,
  
• Transaction Fee,
  
• Retail Swipe Software fees,
  
• Check-by-phone/fax PC software fee,
  
• Web Shopping Cart fee,
  
• Discount Rate fee,
  
• Address Verification (AVS) Fee,
• Statement Fee
  

Whoa, that's a lot!

So these charges are in your bill. For the industry rates, see this recent article, Paying you offshore merchant account dues.

Ask yourself, what ultimate purposes do they serve?

To learn more about the significance of low cost offshore merchant accounts read the whole article :
Less is More: Achieving Quality with your Low-Cost Offshore Merchant Account

Landing on a win-win situation with a gaming merchant account

In the high stakes world of gaming, be it online or in a casino,it takes a great amount of strategy to walk out with the money pot. The thrill and excitement of the possibility of taking home a lot of cash is the main reason why the the gaming business is flourishing, and even if there's no catastrophic event, enthusiasts play like there's no tomorrow.


With casinos opening up as frequent as pimples can appear when you don't get any sleep, online gaming merchant accounts are also set up in banks. But, just like any high risk business, domestic banks make things a little bit harder for those who own gaming businesses to open up gaming merchant accounts.

Learn more by reading the whole article:

Landing on a Win-Win situation with a Gaming Merchant Account

Skydiving to success with a travel merchant account

The widely-used phrase when you're going out, “ Stay safe”, does not fully apply to travel merchant accounts.

Taking the risky waters of a travel agency business is considered challenging. This kind of endeavor is considered high risk generally because of the following:

● sky-high chargebacks
● legal repercussions
● negative publicity for the bank

A travel merchant account is categorized as high risk because of the high return of chargebacks. These returned funds stem from advanced bookings and payment installments that unfortunately, are never fully settled. Thus, this poses financial liability to the bank.

Go the distance and get more information on travel merchant account by reading the whole article:

Skydiving to Success with a Travel Merchant Account