Multilevel Marketing: A High Risk Merchant's Experience Told Part 2

In Part 1 of this article I mentioned about my own experience with MLMs, what most people would call a high risk business by virtue of high incidences of scam involved. I must admit there's a difference between the legit ones that sell real products and ones that merely ask you to recruit new distributors so that you may gain commissions off their membership fees. High risk merchant providers are aware of these. They will certainly not accept your application if they learned you had been previously involved in a MLM fraud. To learn more about this topic I wrote, see Insider Tricks to Successful Merchant Application.

PYRAMID SCAMS VS. LEGIT MLMs

I was then in my college days and seeking some help for my university fees when I saw an ad about scholarship opportunity on the local paper. I contacted the number and was told to attend a meeting to find out more about it. Soon I realized it was some sort of MLM business with a variety of benefits for the members. In my desire to get the scholarship, I joined. I paid a downpayment for my fee but it took long for me to realize that the scholarship I wanted from them would never materialize. Why?

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Multilevel Marketing: A High Risk Merchant's Experience Told Part 2

Multilevel Marketing: A High Risk Merchant's Experience Told Part 1

High risk merchant providers include Multilevel Marketing in their list of industries. To some, MLM has earned a bad reputation for being a lousy business scheme in which members could supposedly become wealthy by virtue of "downline recruitment". To others, MLM is a decent way to make a profit out of sales as well as commission from new salespersons enrolled in the company. High risk merchants who own successful MLM businesses know that despite being tagged illegal or fraudulent, MLM is still a highly profitable industry. That is, if distributors aim to earn through product selling and not through recruitment alone.

SECRET MEETINGS

It was back in 2004 when my cousin approached me and asked me to come with him to some mysterious business meeting at a building downtown. He said if I was open to opportunities to make money part time more than I made then, I could learn a lot just by mere listening to the speakers of that meeting. There was no commitment to join or pay for anything. I was optimistic and joined. Yep, I was hardly surprised when I sat in the corner of the room with my cousin, listened to the highly motivational lectures of three self-professed millionaires, and learned that it was possible to make a lot of dough with the MLM scheme. We had to sell Asian coffee...

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Multilevel Marketing: A High Risk Merchant's Experience Told Part 1

Marketing the Human Growth Hormone Online: A High Risk Merchant's Dilemma

"The US Food and Drug Administration has not approved Jintropin and that the drug is not a recognized treatment for any medical condition." This is an excerpt from The Sidney Morning Herald, who told of news about Sylvester Stallone caught carrying 48 vials of human growth hormones (HGH) in his baggage. This happened exactly five months ago. Stallone has pleaded guilty and apologized to the public for the mistake he committed. Apparently, "Australian laws prohibit the importation of natural and manufactured growth hormones without a permit." Stallone was not only guilty of importing human growth hormones but also four vials of testosterone. According to his lawyers, Stallone was undergoing medical treatment and his only mistake was that he has not been informed too well of the customs laws in Australia.

Legal Issues Associated with HGH

I bet you think this news is kinda outdated. While Stallone is facing charges of illegal possession of prohibited substances, elsewhere in the world high risk merchants continue to sell human growth hormones to customers who are willing to try their purported benefits to the body. HGH is being used by bodybuilders, along with steriods, to help them increase muscle mass. HGH is a prescription drug and is used for medical purposes to treat deficiency in human growth and other related disorders. Anyone caught possessing it in the U.S. without a doctor's prescription may be imprisoned for up to 5 years (10 years for minors).

Side Effects?

HGH comes with its own side effects, if taken in excessive amounts. Although it can improve muscle mass and reduce fat (and is purported as anti-aging other than its ability to improve height for stunted children), HGH does not improve muscle strength. A high dose can cause overgrowth of extremities and internal organs. Its known side effects when taken in normal amounts include fluid retention, joint pain, and nerve compression symptoms.

Now who doesn't want to reverse the aging process and resort to the miraculous HGH? According to doctors...

continued: Human Growth Hormones and High Risk Merchant Account

other articles by Gerri Bryce:

• High Risk Merchant Account Tips on IP Detection
• Insider Tricks to Successful High Risk Merchant Account Application
• The Psychology of Online Buying
• E-Commerce Success: When High Risk Merchants Go the Brick and Click Way
• Homemade Remedy for Download Theft
• High Risk Merchants' Guide on Building E-Commerce Websites
• Top 3 Goals All High Risk Merchants Should Know
• Unbeatable Techniques in Buying and Selling Online
• High Risk Merchants Quick Guide on Telemarketing Frauds
• The Whys and Hows of Travel Merchant Account Application
• 10 Questions to Ask Your Gaming Merchant Account Provider
• Dating Websites Gone Mad: High Risk Merchant Account Providers to the Rescue
• In Praise of Porn: Adult High Risk Merchant Accounts
• High Volume Merchant Account : Is It Worth Acquiring One?
• osCommerce for High Risk Merchants: The Good, The Bad, and The Possibilities

High Volume Merchant Account: Should You Get One?

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. For reasons I don't know. When I tell them 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. I say otherwise. Equilibrium in business is death. Seek constant disequilibrium -- that's a way to survive. We all live in a cycle and once this cycle becomes static and reaches plateau, there's nowhere else to go but down. Right, Tom Peters?

WHAT'S YOUR BEEF?

My friend Kent was downright frank with me. He says it has nothing to do with equilibrium. It's just that these businessmen haven't caught up with the trend of accepting credit cards online. Sure they accept credit cards, apart from the usual checks and the occasional debit cards, but they only use a POS and other manual processing equipment. And even though they've heard of virtual processing, they are iffy about applying because of the high incidence of fraud associated with it.

HIGH VOLUME IS NOT HIGH RISK?!

So maybe they have not educated themselves well enough about high volume merchant account. Or maybe they got it wrong. Let me just make it clear. Some of these execs may have even mistaken high volume for high risk. This is kinda funny. HIGH VOLUME identifies itself uniquely from all other high risk merchant accounts. How?

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The Benefits of Acquiring High Volume Merchant Account

1. Virtual Terminal

2. Savings and Reduced Rates

3. Statement Account History Reporting

4. Protection from Fraud

5. Shopping Cart

see whole article:

High Volume Merchant Account: Is it Worth Acquiring One?

In Praise of Porn: The Brave Old World

This time I'll refrain from my know-it-all stance and bow my head to the porn industry. Not praising it for the "immorality" the whole world considers repulsive, but by the bravado of adult webmasters who have created their niche in this subject online. It wasn't easy. The true concept of adult websites, high risk merchant accounts, sexual e-commerce, and everything in between can get boring in the long run. That's why adult webmasters deserve an accolade. The sex industry has evolved from crude Neanderthal beds to sophisticated Virtual Reality sex. And among those who make and break the industry are the actors and actresses. Ordinary people who make money getting laid over and over for the pleasure of online surfers.

Of course if you've been working in the industry you've seen sex models come and go. You've seen the nastiest acts shot on film repeatedly till the "act" is perfected. According to veteran webmasters, this type of work, like anything else, sells so good but in the long run can desensitize them. I've known a few friends who have managed to work freelance for the development of porn websites. They tell me that they curse the day they learned graphic design...

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In Praise of Porn: Adult High Risk Merchant Accounts by Gerri Bryce

Setting Up an Online Dating Merchant Account

A lot of so-called e-commerce gurus tout the online dating business as fun. It must be, as countless new business-minded individuals come up with certain ideas for a dating website, apply for a high risk merchant account provider, and start earning money in no time. Or is it that easy? It would be a lie to say yes. There's no such thing as an easy money-making scheme. Nor will ever be. Everyone takes some pain if not during the set-up of the dating website, but in the process of maintaining it.

Setting it up Good
Go ask Wells Fargo!
A Tale of Taking Chances

But why won't domestic banks take care of your business? The answer is truly simple. Let me tell you a story. A friend of mine, young, beautiful, and very engaging, joined a really popular dating website in the hopes of finding a nice guy online. She did it for fun, and not surprisingly, got a lot of responses for her profile and ad. So many men from all over the world sent her messages and tried to ask her out for a date. And yes, scammers too. She was even courted by a lesbian. She found all the responses exciting until one day she met the man she would marry not in the dating website she joined, but in another non-dating website relevant to her job. That man admitted he also joined a dating website, but met too many scammers so he quit his subscription. And while they were dating, my friend decided to quit her dating website membership too. Just like that. Why? Because she no longer needed it, having found the man that makes her happy.

see more articles here:

• High Risk Merchant Account Tips on IP Detection
• Insider Tricks to Successful High Risk Merchant Account Application
• The Psychology of Online Buying
• E-Commerce Success: When High Risk Merchants Go the Brick and Click Way
• Homemade Remedy for Download Theft
• High Risk Merchants' Guide on Building E-Commerce Websites
• Top 3 Goals All High Risk Merchants Should Know
• Unbeatable Techniques in Buying and Selling Online
• High Risk Merchants Quick Guide on Telemarketing Frauds
• The Whys and Hows of Travel Merchant Account Application
• 10 Questions to Ask Your Gaming Merchant Account Provider
• Dating Websites Gone Mad: High Risk Merchant Account Providers to the Rescue

10 Questions to Ask Your Gaming Merchant Account Provider

The thing that strikes me as funny when my fiance and I go visit the casinos is that the slot machines area is always populated with old Chinese women. Their husbands are probably off somewhere in the card tables playing Pai Gow or engrossed in baccarat. Not that there's anything wrong with seeing Chinese ladies wasting bundles of cash or pails of coins in the King Cashalot machines. It just feels different when you play it online. You don't see no faces. The card games are just as fun. But of course you're not guaranteed of cashing out your win when you do win. All online casino players know this but refuse to agree. They still put their faith on high risk merchant account providers because they know they can appeal for chargebacks once the casino denies them the cashout.

But the players' problem is not ours.

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10 Questions to Ask Your Gaming Merchant Account Provider