Prodigy Payment Systems - Fraudulent Company Withholds Relevant Information
Credit card Merchant Services Provider - Complaint
GASTONIA, NORTH CAROLINA -- I was "pitched" by a salesman who only disclosed the positive information about this company, known as BOTH, PRODIGY and ENCORE. It has two names Y .. both are credit card merchant services providers. They are both a FRAUD in their business practices! They are both now being investigated by a handful of states Attorneys General!
By only giving me the "Sweet Topping" they misled me into thinking that was all at stake. There are fees involved which were never disclosed.... there was a process in order to terminate my "trial period". The midnight batch statement is a non-issue since the overnight direct deposits are from 24 to 72 hours later. This is not competitive with most competitors.
1. No mention of an "Equipment Fee" of $75 from the 1st CC transaction
2. No overnight direct deposits to my account .... 24 to 72 hours ...NOT DISCLOSED at time of sales pitch.
3. Now I must FAX our cancellation ... email of original sign up documents were okay for company ... but for cancellation FAX ONLY .. never mentioned at sign up.
This company should be investigated and put out of business by the FEDERAL BANKING DEPARTMENT. Non-disclosure is a serious, flagrant violation of all FEDERAL BANKING LAWS!