Why Flea Market Owners Gotta Have a Merchant Account Offshore
September 18, 2007
Bookmark this:
del.icio.us
digg
<p align="left"><font face="tahoma,arial,helvetica,sans-serif" size="2"> </font></p><p align="left"><font face="tahoma,arial,helvetica,sans-serif" size="2">Have you shifted to the <strong>flea market</strong> because it's getting too stuffy at the mall? If you're making money at the stalls, you may need to have a <strong>merchant account offshore</strong>. <br /><br />A recent news has been flooding in the blogosphere shows the businesses that will no longer be accommodated by US processors. If this is the case, then where the flea markets turn to for credit card processing? It is but crucial to know the reasons why flea market owners need a merchant account to begin with and what they are exactly.<br /><br /></font></p><h1 align="left"><font face="tahoma,arial,helvetica,sans-serif" size="2">Assumptions of beginnings of Outdoor shopping</font></h1><p align="left"><font face="tahoma,arial,helvetica,sans-serif" size="2">Well, there are three existing known assumptions of the origins of the flea market. They are just theories, no harm in naming them,right?<br /><br />1. <u>Paris suburbs theory</u><br />First, that flea markets are believed to have originated from the suburbs of Paris during the 17th century, with the word coming from the English translation of Marché aux Puces. Ok, google.com/translate confirms the linguistics. <br /><u><br /></u>2. <u>Fleeing to fleaing theory</u><br />Second, they say that flea markets actually was a transition from the word flee market. Word of mouth says that it came a group of dealers of second-hand goods who are in the slums and alleys who consistently flee because of demolitions that were done. See the connection? FleE to fleA.<br /><u><br /></u>3. <u>New York slang to Dutch translation theory</u><br />Third assumption is quite close to home, or at least, the beginning. There's this notion that the term came from New York City's 18th century Fly Market. Incidentally, the Dutch name for the market was vlie, meaning valley but pronounced as "flea." <br /><br /></font></p><h2 align="left"><font face="tahoma,arial,helvetica,sans-serif" size="2">Noticeable influence</font></h2><p align="left"><font face="tahoma,arial,helvetica,sans-serif" size="2">The selling power of flea markets can never be underestimated. Even if they flock outside the airconditioned shopping center, the most luring attribute of flea markets are the rare products and second-hand goods that are in still in pretty good condition but sold at very low prices. Any item imaginable can be bought at flea markets that usually operate in rural areas with concerts and emanates a carnival atmosphere, with some also flocking in urban areas. Another attracting yet somewhat scrupulous attribute of flea markets that make them irresistible is their displays of counterfeit goods ranging from bootleg movies, clothes, handbags, footwear, and even home appliances. But it is safe to say that they sell surplus items of any kind. <br /><br /></font></p><h3 align="left"><font face="tahoma,arial,helvetica,sans-serif" size="2">Merchant Account Offshore Inevitable</font></h3><p align="left"><font face="tahoma,arial,helvetica,sans-serif" size="2">As an flea market owner, you have a lot of merchants selling their stuff under your organization. The popular visualization of payments in flea market is the left to right hand cash exchange. But there is an emerging trend in the flea market industry, the non-physical currency form of payment, the credit card payment. This is owing to the fact that even those above those with average income people also flee to flea markets to buy stuff, who, carry credit cards in their wallets. In this case, a merchant account is the next step.<br /><br />But we're not just talking about a domestic merchant account, a <strong>merchant account offshore</strong> is the most viable option owing to three major reasons:<br /><br /></font></p><div align="left"><ul><li><font face="tahoma,arial,helvetica,sans-serif" size="2">Some items that are being sold are counterfeit</font></li></ul><ul><li><font face="tahoma,arial,helvetica,sans-serif" size="2">Flea markets have a possibility to dissolved overnight</font></li></ul><ul><li><font face="tahoma,arial,helvetica,sans-serif" size="2">US processors will not be servicing flea markets anymore</font></li></ul></div><p align="left"><font face="tahoma,arial,helvetica,sans-serif" size="2"><br />May sound unfair, but a reputation of selling illegally-solicited merchandise is a big hindrance to getting a merchant account, even if it's going to be regarded as high risk. <br /><br />Speaking literally and conceptually, flea markets either stay one place but can fold their stalls in a jiffy if business isn't good or move to another city the next day where they'll flaunt their goods.<br /><br />Due to the first two reasons and other factors with US processors as the only ones who can justify, flea market operators will have to look to processors to allow them to process credit card payments from the customers. All of these reasons point to getting a <strong>merchant account offshore</strong>. Providers of this merchant account can put into the table a number of banks offshore who have flexible terms, have an international market, and minimized tax impositions.<br /></font></p>
del.icio.us
diggBookmark this:
del.icio.us
digg
del.icio.us
digg



