Complaint Review: AM Payment AKA Pivotal Payments

IF YOU GET A CALL FROM PIVITOL PAYMENTS OR AM PAYMENTS THEY ARE A SCAM... They tell you that they give you wholesale rates on merchant processing , they even send their website for you to check it out and yes it says WHOLESALE and then they said they wil take care of the last processor and al llies.. They are a scam. I spent time away from my job to talk to lady called Ryan Mitchell, she asked me to send my previous statement so she woudl do a rate adjustment..

Told me no contract, they only charge wholesale rates but I thnk what she meant was that they charge the entire sale and keep it.. I ended up paying 10% and when I called for them to explain why my bill was 200.00 higher than my previous prosessor they told me I had higher volume, I pulled up a statement from my previous processor thathad the same volume, 2 sales less and AM payments is 8% higher,

when I called asking for Ryan Mitchell to go over reasons why what she told me and what I am being charged is not the same, they put me on hold for 5 minutes.. I had to hang up.. I called the next day and again they put me on hold, I actually gave my son the phone and told him to yell at me when they got on the line.. 45 mintes later we were still on hold.. I called from my second phone and asked for a manager, not mentioning who I was and who answered the phone "This I Ryan Mitchell" and I said "Ryan Im waiting for your answer on my business line, can you please answer  cos I've been on hold for 50 minutes now" She hung up.. I asked my husband to call and ask for a manager, we got someone else on the phone and they pretty much told me that I can't get out of the contract and if I want to get out I have to pay "Liquidated damages".

how much they would have made on my account for the period of conrtact which by the way before I singned teh paperwork and read it thoroughly I asked if there was a contract and for how long and they said "oh no contract its on a month to month bases" again all my calls are recorded so I asked that "manager" "so how much is your Liquidated Damages goint o cost me " and she said "oh around $6000.00".. I hung up the phone and I am livid.. IF PIVITOL OR AM PAYMENTS CALL YOU PLEASE HANG UP AND DO NOT TAKE THEIR CALLS.. I called my processor I had prior to Pivitol and I took all the legal means I have to leave AM Processing and return to my old processor. When I explained what had happened, they told me that they will gladdly took my business back....

Doin some research I found out that the reason why Pivotal changed the name to AM Paymets is because Pivotal Payments has 3 calls lawsuits and they are an outsource business..

BTW I called Cosnumer Protection Act as well as the attorney and they will go after them for many reasons but also fro FALSE ADVERTISING.. They are NOT a wholesale processor they are a 4th party processor who loves to lie, get you to sign, forge some signatures and then screw you up..