Introduction to the Internet Betting Business MAIN
Software Licensing and a List of Companies that Provide Online Casino and Sportsbook Software SOFTWARE
Online Marketing Companies that get Web Traffic to a Casino Web Site MARKETING
Sublicensing an Internet Sportsbook and Casino operation from a Licensee SUBLICENSING
Payment Processing and Merchant Accounts for Internet Sportsbook and Casino operations to use ECOMMERCE
Software Considerations GAMETYPES
Legislation issues for the USA and abroad LEGAL
Online Betting and Other Gambling/Casino Related Conferences CONFERENCES
Economic Factors worth considering with an Online Betting Operation ECONOMICS
Things to Watch for when Starting an Internet Betting Business PITFALLS
Forums - Hear what others have to say about the business MESSAGE BOARDS
Online Sportsbook and Casino Links: News, Stocks, Organizations, etc. LINKS
About Yorktown Ventures and the Author ABOUT US

STARTCASINO . COM
Independent Information Site on Starting an Internet Casino Business
 
 
MESSAGE BOARDS           Social Bookmarks:  Delicious  Digg  Reddit  Magnolia  Newsvine  Furl  Facebook  Technorati

By both reading the contents of and posting on this message board, you agree to our Disclaimers

Bsmart Payment Solutions
Posted by: antiquemadness (---.mia.bellsouth.net)
Date: November 16, 2013 06:07PM

Brief introductory note; My name is Sam Smolkin, currently residing in Hollywood, Florida. Invented and Patented a new innovative Internet Value Transfer System that offers a safe secure, payment solution for all E-tailing, as well as for “Hi-Risk” (HR) sites; a Biometric Smart Card Closed System (competitively priced). No Charge Backs, No Credit Cards, No Identity Theft. Sending this document to you and your Company was not done by random selection, but rather as a result of diligent research.

Currently processing HR transactions costs any where from 4.5% to 11.5% (not per annum, per transaction), and in some cases higher, depending upon volume, and number of charge backs. Additionally there is a constant scurrying around to find non-coded cards, and new avenues for processing said payments, not to mention identity theft. Current estimates for revenues from internet gambling sites alone, is in excess of $15 Billion. Adult sites, and online Pharmacies produce an additional $1.5 Billion.What percentage of that market can we capture offering 4%-6% processing Fees?

As for “normal” E-tailing, studies have indicated that 50% of potential sales (items placed in Shopping Carts) fail to materialize at Checkout, when apprehensive purchasers are prompted to enter Credit Card info online at encrypted web pages, which is then stored in Merchant’s Server. Today, the Public is very much aware of the extremely intrusive spyware and malware that exists, and how easily a “Keylogger” can be placed” in their computers, as well as the hacking of a Merchant’s Server. Furthermore higher fees are charged for transactions online, than for a purchase where the card is swiped on point of sale device. I may be able to offer a solution that could possibly salvage much of that sales potential. Seeking partner(s) and/or investor(s)

To sum it up, If you find any of the above facts of value, I would very much like to meet with you and discuss it further. My email address is: smadtique@bellsouth.net and my home phone number is 954-929-7161.





Your Name: 
Your Email: 
Subject: 

This is a moderated forum. Your message will remain hidden until it has been approved by a moderator or administrator
 



MAIN    SOFTWARE    MARKETING    SUBLICENSING    E-COMMERCE    GAME TYPES    LEGAL ISSUES    CONFERENCES    ECONOMICS    PITFALLS    MESSAGE BOARDS    LINKS    ABOUT US


Questions/Comments? Email the WEBMASTER
Interested in Advertising on this page? E-mail HERE
   Last Update: December 2017    Legal Disclaimers
Copyright © 2000-2017
Yorktown Ventures, Inc
All rights reserved