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  • Report:  #764038

Complaint Review: Commerce Payment Systems

Commerce Payment Systems Commerce Steals Money From Your Bank Account Methodically Hewlett NY, New York

  • Reported By:
    Fe-Male Fashions — Philadelphia Pennsylvania United States of America
  • Submitted:
    Fri, August 12, 2011
  • Updated:
    Tue, November 09, 2021


 Commerce Payment Systems, Commerce Steals Money From Your Bank Account Methodically Hewlett, New York  

Commerce Payment Systems systematically steals money out of your bank account which they have access to, because you sign an agreement with them to process credit card purchases for your business. We signed up with them November 09. There was suppossed to be an annual charge of $49, however we were charged $49 a month for 28 months.

In addition there were excessive processing charges for each month in direct confict of our signed agreement. They never sent a processing statement and although they say you can review your account on the internet there is no way you can access this.

After several telephone calls to challenge these overcharges, a customer service person confirmed they owed me as of July 1st over $1022.00. This does not include the other overcharges relative to percentage rates. However collecting this money has been impossible. We keep getting shifted from one person to another.

In reviewing my contract I learned that HSBC Bank USA is the holding bank for funds held in reserve for this company. I am calling them tomorrow to inform them of the probem I am having with their client they are processing credit card payments for. I feel they are complicent in this scheme of systematic theft even though they may not feel they are.

Their telephone number is 7168416360. I am also going to inform the New York Attorney Generals Office with my complaint as well. I implore all other businesses with a complaint to take the sme action. I have only read 14 complaints on this site so far, but I can only believe there are countless thousands of businesses being defrauded this way.

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