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
Sunday, October 21, 2007
Adult Internet Merchant Account FAQ
The online adult industry has faced some of the toughest critics and regulations than any other ecommerce site. There's the reputation of being a high risk business, the moral responsibility issue, and its uncensored reach to minors. A bit more challenge is demonstrated when it comes to getting an adult internet merchant account that will let you accept credit card payments, since adult websites are filed under the high risk category, meaning banks are somewhat paranoid in accommodating your merchant account demands.
So, to aid you more in deciphering the inner workings of an adult internet merchant account, which will be a good tool in running a profitable adult website, have compiled the most common questions about an adult internet merchant account.
WHAT IN THE WORLD IS AN ADULT INTERNET MERCHANT ACCOUNT?
HOW DO YOU APPLY FOR ONE?
WHAT FEES ARE INCLUDED IN THIS MERCHANT ACCOUNT?
WILL YOU WAIT LIKE FOREVER TO GET ONE?
There are other questions, for sure. Read the whole article for answers to these questions:
Common Adult Internet Merchant Account Questions Answered
The Legality of Anonymous Offshore Merchant Accounts
Who doesn't want their assets protected? This question is what I consider as the ultimate justification for anonymous offshore merchant accounts. For high risk merchants running high risk businesses, the need for setting up anonymous offshore merchant accounts is included in a two-fold part;
ONE, FOR PROTECTION OF ASSETS.
TWO, PROTECTION OF COMPANY'S INTEREST.
Some may have vested interests in hiding their offshore merchant accounts in account numbers or pseudonyms, not promoting any mischievous acts here. Just saying that the rationale for protection is based upon good intentions.
Read the whole article for more information on anonymous offshore merchant accounts:
Are Anonymous Offshore Merchant Accounts Legal?
Offshore Merchant Account Facts and Non-Fallacies
Upon hearing the term, offshore merchant account, first thing that comes to mind is a merchant account that's somewhat illegal and scrupulous nature. Also,that those who get an offshore merchant account are those who want to evade legalities, to get rich teh quick way. Well, everybody's entitled to their own POVs, but have made the move her to answer all the possible questions about an offshore merchant account.
WHAT is an offshore merchant account?
WHY get one?
HOW to have it?
WHERE to go for it?
Hopefully, after reading this post, you'll be on the enlightened list. :D
Offshore Merchant Account's Tips on Saving Your Online Reputation - Part Three
Numerous posts, not only in this blog, have emphasized on the importance of maintaining an online reputation. In this virtual world where your ecommerce business can be tainted with a single negative comment, it is vital to know damage control measures. A high risk business with an offshore merchant account is a no stranger to bad rumor.
I have researched on ways on how to keep your online reputation intact, and also provided tips if the unfortunate scenario has already come your way.
In the event that a bad rumor hits the blogosphere, here are ways to clear the skies:
- make contact with the source of the rumor
- address the issue
- coordinate with the SEO damage control specialists
- call in the men in gray suits
Offshore Merchant Account's Guide for Guarding your Online Reputation - Part 3
Add to Onlywire
