- Report: #1177687
Complaint Review: Balanced Payments - San Francisco California
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Author Not Confirmed
Why?
Balanced Payments
San Francisco, California, USA
Web:
http://www.balancedpayments.com
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Balanced Payments Deceptive Evil San Francisco California
Balanced Payments is a scam running behind the scenes of many startup companies. Disguised as payments for marketplaces, the operation sucks fixed amounts and percentages from both buyers and sellers of online transactions, worse than Paypal! There is no actual service being rendered, other than subtractions from what should be normal payment processing. There are no public records of disclosure for this company which should be on the same par as banks like Chase and Citi and Wells Fargo.
This company is a MIDDLEMAN that has somehow managed to trick the government into thinking it is a legitimate business somehow free from laws. The companies that use this middleman are locking customers into doing business with this third party w ithout telling them that this company is involved and this is wrong.
Do not get tricked into using this company to pay your customers... there are dozens of other ways to pay and be paid online that don't cost as much, and that don't compromise your privacy.
