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  • Report:  #23818

Complaint Review: Merchant Services Inc.

Merchant Services, Inc. over-pricing products by 1000% Chicago Illinois

  • Reported By:
    Atlanta GA
  • Submitted:
    Tue, July 02, 2002
  • Updated:
    Sat, July 06, 2002
  • Merchant Services, Inc.
    233 North Michigan Avenue, Ste 1800
    Chicago, Illinois
    U.S.A.
  • Phone:
    312-980-5600
  • Category:

NEVER buy credit card processing equipment or service from this company! They promis a law rate per transaction but don't tell you about all the hidden fee's at the end of the month nor the per call fees. IT IS A TOTAL rip-off. My real rate ended up being almost 10%.

They tell you that you must let them credit your bank account with the funds however what they don't tell you is they will also debit all of the charges and continue to do so even after you cancel the service. I ended up having to close my checking account to stop it.

Also after gettin fed up and cancelling thier service I found out that they sold me a $245.00 credit card machine for over $2000.00 and hide it in a lease. I trusted my salesman and he took me to the cleaner.

DON'T BE TAKEN ADVANTAGE OF! Read everything and ask all the right questions. This company is a boiler room!

Tom
Atlanta, Georgia

1 Updates & Rebuttals


Merchant Services, Inc. over-pricing products by 1000% Chicago Illinois

#20

Tue, July 02, 2002

NEVER buy credit card processing equipment or service from this company! They promise a low rate per transaction but don't tell you about all the hidden fee's at the end of the month nor the per call fees. IT IS A TOTAL rip-off. My real rate ended up being almost 10%.



They tell you that you must let them credit your bank account with the funds however what they don't tell you is they will also debit all of the charges and continue to do so even after you cancel the service. I ended up having to close my checking account to stop it.



Also after gettin fed up and cancelling thier service I found out that they sold me a $245.00 credit card machine for over $2000.00 and hide it in a lease. I trusted my salesman and he took me to the cleaner.



DON'T BE TAKEN ADVANTAGE OF! Read everything and ask all the right questions. This company is a boiler room!



Tom

Atlanta, Georgia

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