Complaint Review: Lucrazon global - Irvine California

Lucrazon Global, LLC was formed for the purpose of servicing the fast-growing digital marketplace by providing online and brick-and-mortar stores with a user-friendly website equipped with a shopping cart, credit card processing capability, a merchant account, and marketing and search engine optimization services. Lucrazon Global provides an all-inclusive ecommerce platform that allows customers to purchase an e-commerce store and obtain a merchant account. Customers are free to sell whatever product or service their business sells.

Lucrazon Global, LLC sells service through independent businesses collectively referred to as Brand Partners. Every Brand Partner Business has its own web site with a unique URL and its own website and shopping cart builder, has its own bank account, and has its own merchant account. Every Brand Partner Business has their own agreements with their own customers. They are also responsible for their own sales, their marketing, as well as any potential chargebacks, and handling any other challenges that may arise with their business. Each Brand Partner receives payments directly from their customers.

In order to become a Brand Partner, certain requirements must be met:

http://www.lucrazonglobal.com/brand-partner-requirements

Those interested in becoming a Brand Partner first go through a free trial that doesn’t require them to input credit card info or financial data so he/she can test the system and see if selling Lucrazon’s Ecommerce System and Merchant Services are right for them.

If he/she is truly interested and dedicated to becoming a Brand Partner, they then go through a background and credit check in order for him/her to receive and activate their own Merchant Account. In addition, their information is cross-checked to make sure they’re NOT on a Merchant Termination file. The Brand Partner must pass underwriting guidelines according to Lucrazon Global bank’s relationships, and they must sign a Merchant Agreement.

After they meet these requirements and Merchant Account is approved and active, only then can they pay for and activate their Brand Partner website. The payment does not come to Lucrazon Global, it goes to the Brand Partner’s bank account directly who sold the technology and ecommerce business. The cost is $1,000 one-time set up fee and $50 a month hosting and maintenance fee.

Lucrazon Global, LLC has multiple ways of paying commissions. One of these ways is based around selling Ecommerce businesses, which is described above and attached with a $50 hosting and maintenance fee. The Brand Partner receives $50 directly from their customer and pays $40 to Lucrazon Global for utilizing Lucrazon Global technology, therefore profiting $10. The following month on the same date, the Brand Partner will receive the same amount for the monthly and hosting fees and this amount will continue every single month on the same date for the life of the account which provides a long term residual income.

There are several complaints revolving around a $14 a day guaranteed payment that Lucrazon Global, LLC never advertised nor promoted. People that are unfortunately complaining were looking for “get-rich-quick” business models, and when they discovered that the Brand Partner Business wasn’t following this model, they got upset.

If you need more information, you can contact [email protected]