Need Credit Processing?

So you are a merchant and you want to allow your customers to use credit?

Well this is the good news for you then =)

This company here Ms. Merchant Account provides both online and off line credit functions (you need a Retail Merchant Account for this) i.e. swiping of the card and payment online. You can do this by signing up for Merchant Accounts.

Ms. Merchant Account can accept Visa/Mastercard, this can be done through an Internet Merchant Account Visa/Master Card.

So if your customers fit into any of those market segments, then this company,Ms. Merchant Account might be one to consider if you are planning to provide a credit payment function.


Some things to consider:

Are you a low risk or high risk merchant?

A low risk merchant, would be one that allows in person card swipe, for example a restaurant. Higher risk would include things like offshore credit processing, Adult related services, travel etc.

Ms. Merchant Account processes them all! Even high risk credit card processing.

Also note that allowing credit payment through the internet is classified as high risk (As it does not allow for signature verification).

What this means? Being higher risk often mean greater premiums when getting a vendor or credit card processing companies to handle your credit transactions. Thats where Ms. Merchant Account comes in as you will get to enjoy some of the lowest rates!



That said, give Ms. Merchant Account a ring or an email, check them out and remember to give due dilligence in all your business plannings.



To your success!

A quick Lesson from Buffet

It kinda of made sense to me but I am glad that there is affirmation from Buffet.


And that is knowledge is power.


Although this adage is too often used and in many scenarios self defeating, it is probably true in investing.

Yet I believe the grain runs deeper than that.

Yes hoarding information about the stock I am buying may help bolster its value, but who benefits? Is it the big players or the little guys(like this church mouse for instance). The big guns are the one who can move and invest in bulk and reap the benefits of economies of scale. The big guns often also have the capacity and capability to invest with vision of gods as opposed to that of frogs in a well. Well my point is as small investors, would it actually be more worthy to share our views and leverage off our collective wisdom, or should we do the hoarding? This leads to the bad joke about how a collective of froggy eyes do not a god's eye make, but still hey! open source software has trounced the commercial collective so badly its not funny =P

Still even with the open source community, there are those who have little to share and are only the beneficiaries. And yet open source moves with a few elite classes of coders. This is not to belittle the efforts of the others, they do contribute, even make up the most important portion of the whole movement, but face it there are different classes of gurus and we need people at the helm!

Similarly in investing, it is probably most apt to find a few trusted individuals and share the knowledge you have. I believe this to be true of any formative organisation. Yes commoditisation of the value of a good is bad for the investor (or rather it either becomes highly speculative or it stagnates into a full valued share), still, you need friends people =) Well at least if you are a poor lil' church mouse like moi.

Made in China Sued in the US

This article is about manufacturers in US got sued for defective product, the products were from China. It is US focused of course, but a similar thing could happen for any other company in any country, so good juice for thought

The Labour Law in China

Contains a PDF of an english translation of the new chinese labour law.

How to deal with Interpreters

Yes I am still here.


haha

Anyways for the past few weeks I have been reading the China Law Blog again and they had this post from ImageThief about how to deal with Interpreters, I think it is interesting and somewhat important. i can speak and read chinese, so it is not too much of an issue, but in a legal documents, that where my lousy chinese might catch up with me ;)