- Report: #309794
Complaint Review: Merchant Data Systems - - Miami Beach Florida
-
Author Confirmed
Why?
Merchant Data Systems -
1688 Meridian Ave. Suite 802 Miami Beach, 33139 Florida, U.S.A.
Phone:
800-249-6377
Web:
N/A
Categories:
Business Rating:
(0)
Tell us has your experience with this business or person been good?
Merchant Data Systems, Michael Arama ,Owner & Juan Carlos Michael Arama and Juan Carlos hold $14,351.09 for OVER EIGHT MONTHS! Judging by other rip-off reports, this is their normal way of doing business. Miami Beach Florida
First they said the transaction was too big, even though they have put through a large transaction in the past for us. Then they said we were a security risk, even though we have been with them for years and have a perfect record. Then they said they were contractually obligated to hold the money for six months.
Then they said the money had been transferred to us and they can't find it. Then they said they were going to trace it. Then they said the transfer was backlogged in a queue. Then they say it was transferred by wire Then they say it was lost and they have to trace it again.... shall I continue?
Does this sound familiar to you? After reading other Rip-Off reports on Merchant Data Systems, I can pretty much see what is going on. As soon as our transaction levels decreased my level of mental anguish and frustration regarding Merchant Data Systems dramatically increased.
I have been consulted (let's leave it at that) to file on Rip Off Report (and every other rip-off site), contact the Attorney General in Florida, file a complaint with the FTC (https://rn.ftc.gov/pls/dod/wsolcq$.startup?Z_ORG_CODE=PU01), file a report with Better Business Bureau (www.bbb.org)... they currently have a rating of "F", contact Chase since they are being represented through this ISO, contact VISA, file a report with the Miami Beach Economic Crimes Department (305) 673-7900, and contact a Business Attorney specializing in credit cards and banking. They are easy to filter on the web.
Last, call the newspapers, TV, radio and any web site that rates services of Merchant Data Systems and let them know what you think...
Whitney
Scottsdale, Arizona
U.S.A.
Then they said the money had been transferred to us and they can't find it. Then they said they were going to trace it. Then they said the transfer was backlogged in a queue. Then they say it was transferred by wire Then they say it was lost and they have to trace it again.... shall I continue?
Does this sound familiar to you? After reading other Rip-Off reports on Merchant Data Systems, I can pretty much see what is going on. As soon as our transaction levels decreased my level of mental anguish and frustration regarding Merchant Data Systems dramatically increased.
I have been consulted (let's leave it at that) to file on Rip Off Report (and every other rip-off site), contact the Attorney General in Florida, file a complaint with the FTC (https://rn.ftc.gov/pls/dod/wsolcq$.startup?Z_ORG_CODE=PU01), file a report with Better Business Bureau (www.bbb.org)... they currently have a rating of "F", contact Chase since they are being represented through this ISO, contact VISA, file a report with the Miami Beach Economic Crimes Department (305) 673-7900, and contact a Business Attorney specializing in credit cards and banking. They are easy to filter on the web.
Last, call the newspapers, TV, radio and any web site that rates services of Merchant Data Systems and let them know what you think...
Whitney
Scottsdale, Arizona
U.S.A.
2 Updates & Rebuttals
FreedomUSA
Silsbee,Texas,
United States of America
BBB Rating
#2Consumer Comment
Tue, April 10, 2012
Funny thing. I looked up their BBB rating and it was an A not an F. Guess there is more than one BBB or this young lady just flat lied.
Merchant Data Systems
Miami Beach,Florida,
U.S.A.
Merchant ran an unauthorized sale under there merchant services agreement.
#3UPDATE Employee
Mon, February 25, 2008
Oi Oi USA located ran an unautorized sale under there merchant services agreement. When asked to provide financial documentation the merchant was uncorrperative and could not financially handle the transaction. Cassnadra was very uncooperative. The merchant was refunded the money after the liability period was over. If the merchant had cooperated the transction would have gone alot smoother.
