Ok i dont know where exactly to begin. First of all , i am very glad to find a site that talks about this kind of stuff. I have a few questions and i am hoping i can get answered here. You will save my life and time. Thanks in advance. Well me and my partner decided we are getting into the poker business, and we bought a poker software and spents thousands of euros for it. As we are new into the market, we are not sure what exactly we need to do next. As far as i learn , the best and cheapest way to get a license is Costa Rica. But after reading this forums, i am getting worried. As the idea of having the license is to get approved for Merchants. And some people here state, its plain useless. So here is my question. Plus they are charging me $14,000 for that costa rica company and license. We dont have more funds to get a license elsewhere as the cost is to high for us. So here goes my questions.
1: To get Approved for Neteller as a merchant ( Does that Costa Rica Data Processing License work?) Can i get around that and still be able to accept neteller as a payment.
2: Same questions but for Moneybookers .
3: Credit card processing ( I know i can just open a random company and say i sell goods, and they will approve me, but i want it the legal way.
4: My main concern here is Neteller and Moneybookers, if there is a way to get them, without spending my money on the license, i dont care. We are planning on capping the poker site at 300 players. I dont need to have thousands.
5: I heard panama has some master license? ( Do you know anyone that sublease a license? Just so i can get approved for the mechants?
6: I think i need some offshore bank accounts. ( We opened some in Euros, Pounds, Dollars) But now i think we need one in cyprus, because most gaming sites use that.
I see lots of sites, that are unlicensed, and they accept all forms of payments? any insight on that?
Thanks in advance for the answers
1: To get Approved for Neteller as a merchant ( Does that Costa Rica Data Processing License work?) Can i get around that and still be able to accept neteller as a payment.
2: Same questions but for Moneybookers .
3: Credit card processing ( I know i can just open a random company and say i sell goods, and they will approve me, but i want it the legal way.
4: My main concern here is Neteller and Moneybookers, if there is a way to get them, without spending my money on the license, i dont care. We are planning on capping the poker site at 300 players. I dont need to have thousands.
5: I heard panama has some master license? ( Do you know anyone that sublease a license? Just so i can get approved for the mechants?
6: I think i need some offshore bank accounts. ( We opened some in Euros, Pounds, Dollars) But now i think we need one in cyprus, because most gaming sites use that.
I see lots of sites, that are unlicensed, and they accept all forms of payments? any insight on that?
Thanks in advance for the answers
