Sometime in 2012-13 a salesman came to my business wanting to sell me a new merchant processing machine. Although I have always been very happy with the processor I used he convinced me I was throwing away money because North American Bancard would charge less than the 2.75% transaction fee I pay for my current processer.
A couple of weeks later he showed up with a machine which did not work. I did not have a phone line and used my cell phone to do my transactions. He sent it back and brought another machine...it also did not work. Then I was charged for 2 accounts. The salesman "fixed things" but I found myself being charged all sorts of fees, monthly fees, fee for not charging the minimum, I can't even remember what all I was charged. The salesman cancelled my contracts because their product was useless to me and I continued with my origional processer. Still they kept trying to steal my money. I closed my bank account. The salesman personally refunded the money that was stolen and assured me the nightmare was over.
Now, in 2016 I receive a letter from a collection agency saying these crooks are trying to get another $716.80 from me. For early termination fees, statement fees, reject fees, negative balances and/or chargebacks.
There are 69 complaints here,now 70, all for the same BS. Why haven't they been shut down? They are crooks plain and simple. I was angry at the salesman for a long time until I realized he too is a victim. I stopped even speaking with anyone who wants me to change processers.