- Report: #1265004
Complaint Review: Payment Systems Corp. - s angeles Nationwide
Reported By:
musicians corner -
N. providence, Rhode Island, USA
Submitted:
Updated:
-
Author Not Confirmed
Why?
Payment Systems Corp.
n/a s angeles, 71409 Nationwide, USA
Phone:
(888) 592-5041
Web:
none available
Categories:
Business Rating:
(0)
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Payment Systems Corp. Price gouging, deceptive sales tactics, high cancelation fees, fraud los angeles Nationwide
Last year a friend enrolled me with a credit card processing and equipment company ( Lease finace Group & Payment Systems ) that offered a 1% processing rate with the promise of substantialy lowering my prossessing fee. The reality was that my fees nearly doubled due to the added fees they add to the bill each month and a $103.00 / month equipment leasing fee (equipment that would retail for $200.00). Cacelling this program (w/ both companies) would cost a total of $ 5600.00 (which I was told he could cancel free at any time...another lie). Also, on researching these companies, I discovered they had substantial consumer fraud complaints even withdrawing funds without permission from customer's bank accounts. They have been sued in New York by A G's office but still allowed to operate. I believe this is a case that should be investigated and put out of business. I recently called the Payment Systems Corp and asked rep for the website address. Answer: "we do not have a website". The self proclaimed "largest credit card processing company in the world" does not have a website. What next, are they going to stop their phone service. What a joke. I going after these guys and everyone associated with them (sales rep, everyone responsibke for leading me on). You know who you are. I suggust that all victimized by these jokers do the same. Lets close this scam down.
