Accredited Interchange Payment Solutions They claimed they were saving me money and after finding out 2 days later I was going to pay huge fees as well as locking me into a 5 year lease for credit card equipment they stated I had to buy in order to get these rates. I tried to cancel but they ended up taking from my account over $750.00 for not even 1 day of processing. San Diego California
On April 22nd, this gentleman Josh Thornberg from Accreditied Interchange Payment Soluitions walked into my establishment and stated he was from First Data Merchant Services. The funny thing was I was referred 2 days early from another comany to speak to a lady from First Data but for some reason a man showed up. This person from Accredited Interchange said he would save me money that in order for him to save me money I had to purchase new equipment. I told this gentleman that a lady was suppose to come here from First Data and he said she sent me. I trusted him and signed the application.
Two days later the lady I was referred to came in and said she was on vacation and was here to see how she could help me. I told her that this company Accredited Interchange sent a guy name Josh Thornberg. This lady from First Data ststed she never sent anyone and for me to immediately show her what I signed. After reading the Merchant Agreement I was in trouble, not only was it going to cost me more in processing I was being locked into a 48 month lease that would of cost me another $4,171.00. I found out that day the Terminal they were selling me is a Hypercom T4220, the retail cost is around $200.00, The equipment I owened was a First Data 100 which retails for $350.00 more than the terminal they were trying to lease to me.
I then had to move fast and called Global leasing the company that was going to receive the lease to make sure they did not fund the lease, I also immediately canceled my service before 3 days with Accredited Interchange Payment Solutions.
They tried to force me to keep the lease stating it was too late. but I was able to get out of it, but for Accredited Interchange Payment Solutions they have continued to change my account. Just today they debited ny bank account another $750.00. I have contacted my bank and going to contact my attorney as well.
Companies like this should not get away with fraudualently taking from merchants money.
Thank you,
Krissy