Online Casino Merchant Accounts Offshore: Has the US Lost the Battle?

As we already know that online casinos are not only based offshore but also hire the help of high risk merchant account providers, we can be assured that our accounts and transactions are being taken cared of. In fact, this is mostly what online casinos would tout of when it comes to payment processing: that they can process multiple currencies, process various types of payments (even non-virtual ones), and above all process these payments securely. At the end of it all, what more could a customer ask for? Of course whatever perks the online casinos would like to put in their array of attractions, it's up to them.

By Gerri Bryce

The US government has gone a long way to show its clear distaste of the online gambling institutions in the country. One that gave the most impact is when US players are prohibited from using their credit cards to pay online casinos and online casinos are just as disallowed from transacting payments made via US credit cards and other payment methods. This has eventually meant that online casinos will be not only be based offshore, but will be transacting payments that are non-US based, even though the majority of the players themselves come from the country.

The UK, however, has practically opened its floodgates to online gambling. Poker rooms and sportsbooks may soon be able to advertise on TV, allowing more players to invest on the games and thus increase the gambling companies' revenue. Does this spell more opportunity for high risk merchants doing business offshore? Of course. Even though profit is regrettably US-deprived, casino merchants may still be able to find relief from the fact that other areas of the world will still generate as much revenue in the near future.

A good example would be in Asia. In India alone, casino resorts are being built annexed to tourist spots such as Goa in order to attract more players. That includes not only land-based but hosted online casinos as well. In other parts of the world, companies are seeing more and more casino domains sprouting up to cater to online poker, roulette, blackjack, slots, lottery, and bingo players. This may mean more competition, but more value added services and features for the casino players.

As we already know that online casinos are not only based offshore but also hire the help of high risk merchant account providers, we can be assured that our accounts and transactions are being taken cared of. In fact, this is mostly what online casinos would tout of when it comes to payment processing: that they can process multiple currencies, process various types of payments (even non-virtual ones), and above all process these payments securely. At the end of it all, what more could a customer ask for? Of course whatever perks the online casinos would like to put in their array of attractions, it's up to them.

We can conclude that despite the online poker ban, online casino disputes, online payment processing regulations, and other issues concerning online gambling, this industry survives. In fact, reports have shown that regardless of setbacks, online gambling is a phenomenon that flourishes and helps countries earn from tax revenues these businesses generate. Whether the US has decided to totally ban online gambling or relax on its restrictions makes not much difference.

And for as long as players play and online casinos provide good entertainment and service, high risk merchant account providers will also make money. Because they are based offshore, online casinos benefit from the low taxation rates and laissez faire regulations in places like Panama, Gibraltar or the Caribbean. As everyone knows in the industry, it is virtually impossible for online casinos to own a domestic (U.S.) merchant account.

source: WWW.HIGHRISKEXPERTS.COM

Adult Angels in the High Risk Merchant Industry

Yes, being an angel in the sex industry is definitely not the easiest job in the world. Sure you can relate well to what you sell, and you can also feel a certain degree of satisfaction knowing you can provide what couples need to make sex more exciting. But face the fact that you may also be challenged by chargebacks, complaints, or product returns. No adult business is perfect. With a good high risk merchant account provider to support you, things are easier on your back. To find out what it takes to get your application accepted, check out Insider Tricks to Successful High Risk Merchant Account Application for more information.

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ADULT ANGELS IN THE HIGH RISK MERCHANT INDUSTRY

Telemarketing Services and High Risk Merchant Account Providers

Telemarketing merchants have always looked on certain aspects of their business to find out whether they are operating smoothly or not. Yes, with the onslaught of outsourced call centers these days, what could be the best thing to do but focus on quality service instead of how to pay for in-house overhead costs? Many telemarketing firms offshore have benefited from the low cost of outsourcing by allocating the extra budget on high risk merchant account services instead. Not only did it work more to their advantage, it also took away most of the headache associated with handling hundreds of thousands of customer accounts.

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Telemarketing Services and High Risk Merchant Account Providers

MORE HIGH RISK MERCHANT ACCOUNT EZINEARTICLES BY GERRI BRYCE:

• Pawn Shop Merchant Account - Why Should You Get One?
  [Home-Based-Business:Network-Marketing] One encouraging thing about building an online pawn shop is that you get more exposure and thus more chances of earning good income. The Internet is fraught with advertising possibilities and cutting edge technology to assist you in your business. For example, whether you are a start up online pawn shop or already have an established store processing high volume of credit card transactions monthly, acquiring a high risk merchant account can be a big help in your business.



• 7 Best Tools for Providing First-Rate Customer Service
  [Business:Customer-Service] "People used what they called a telephone because they hated being close together and they were scared of being alone." Chuck Palahniuk could be right and wrong! In the world of e-commerce, the telephone could be the single most important tool next to your car keys. An online merchant will not exist and survive in the cutthroat world of online business without key customer service tools.



• High Volume Merchant Account - Is It Worth Acquiring One
  [Finance] I feel a need to go back to the basics. After years of hearing the phrase high volume merchants, I still encounter some perfectly running businesses who have not acquired their own high volume merchant account. When I tell execs about the possibilities it offers, they say they will consider applying for one. It seems to me that these businesses have reached their equilibrium, and at this point wish nothing but to maintain it.



• Homemade Remedy for Download Theft
  [Internet-and-Businesses-Online:E-Books] Many online sellers aren't bothered so much by copyright infringement as they are of losing money by theft of their online products. Most popular among these is the e-book. Guess we already know why those who are selling e-books are considered high risk merchants - the sole fact that the e-book they are selling can be easily downloaded for free (without being dubbed "freeware" or "shareware") makes them vulnerable to frauds and chargebacks in the long run.



• High Risk Merchant Account Tips on IP Detection
  [Finance] Any high risk merchant should be aware, if not become thoroughly an expert, of all the technical aspects of credit card transactions. Let's face it, doing business online is taking risk a hundred times more dangerous than doing business the brick and mortar fashion. Smart merchants would never plunge headlong into online ventures without a good, working knowledge of the loopholes of the billing process via credit cards.



• High Risk Merchants Black Book Guide on Building E-Commerce Websites
  [Internet-and-Businesses-Online:Web-Development] Building an e-commerce website is a simple task that requires the help of a good programmer. High risk merchants must decide which factors they will need to prioritize and incorporate in the website. Web copy, layout and other visuals, e-commerce elements, marketing elements, and customer service tools are some of the basic elements you need to consider in building a website that sells.



• OsCommerce for High Risk Merchants - The Good, The Bad, and The Possibilities
  [Finance] Just because osCommerce is the most popular merchant account software doesn't mean it's the best solution for your online business. Agree or disagree? Do you find osCommerce to be overrated? A lot of high risk merchants adopt osCommerce as their primary merchant account solution because of so many advantages.



• Insider Tricks to Successful High Risk Merchant Account Application
  [Finance] Many merchants complain about the lack of information when it comes to high risk merchant account application. It's not that there's no information at hand; it's more likely because merchant account providers do not give standard customer service or are simply too lazy to share the nuts and bolts that the applicants need.

Hoodia and the High Risk Merchant

Is selling hoodia online a type of business that requires the help of a high risk merchant account provider? Will adding hoodia diet supplements in you online pharmacy inventory really increase your profit? Read on to find out more!

Losing weight is such a colossal problem with most people, especially for those who are growing older or have some weight-related diseases. That's why any form of remedy that is introduced in the market becomes appetizing regardless of whether it is authentic or not.

There is a discipline where people can psychologically train themselves to sustain hunger by conditioning their minds that their stomach are full. By taking hoodia, such a sacrifice does not have to be contrived anymore.

Hoodia does work but it is also now classified by the African environmentalists to be an endangered plant specie. Making money off selling it online is not as easy as one thinks, especially now that consumers are wiser thanks to testimonials of fake products online and on TV. However, considering the demand for this herbal diet supplement is so high, online pharmacy merchants find chasing after the profits still worth their investment.

What type of people will buy your hoodia products once you sell them online? Virtually anyone who is willing to lose weight. Of course, those who have eating disorders are advised by their doctors to take precaution in taking diet supplements so their consumption is beyond your control as a high risk merchant, as long as you provide warnings and disclaimers on the label.

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Hoodia and the High Risk Merchant