Payment Systems Corp
Payment Systems Corp Overview
The aggregated data is based on reviews and questionnaires provided by PissedConsumer.com users.
Payment Systems Corp has 1.0 star rating based on 8 customer reviews. Consumers are mostly dissatisfied.
- Rating Distribution
Horrible
CROOKS
I also signed with these idiots, and was taken like the rest of us. never once mentioned the credit card lease on the equiptment which I apparently signed for 5 years at 285.00/ month. ive since gone to another processing service which is fair and ive saved money....only to continue to pay the lease on my terminal thru lease finance group until 2018!!! and get this, they are also sending me thru payment systems corp. A NON-ACTIVITY CHARGE EVERY MONTH, at approximately 200.00 a month!! ive gone to the extent of putting a stop payment on it thru my bank, ive had lawyers look at the contract, and its friggin clad. they are crooks, and I have so many other expicits which I wont go to, but stay away from them if you are approached. you cannot contact them in any way, email, phone customer service its all gone. when I stopped payment thru my bank, was the only time I got a call, and the guy told me that there wont be a judge in the world that would support my case, so you might want to ride it out. power is in numbers, we have to put these *** away!
Gary Schlegel
Magee Country Diner
Waterloo NY 13165
585-330-****
- No customer service
- No return emails
- Crooks
Preferred solution: Full refund
Review in Credit Cards category from Beltsville, Maryland
Other Product Review
SCAM SCAM SCAM. This company need to close out
A rep came to my store and told me only 1% fee. After I signed the contact, the first week they played a trick charging only 1% fee when I check online.
When I got my first statement I found out it was a different story. They charged me way more than I expected, overall almost 5%. I called them and complained, but they stick with one point saying that I've signed the contact. I've read the comments, this company use the trick to get to the victims.
It is too late when the victims find out. The target is small business, such as nail store or salon believing that the small business fear to spend money to the court and hire the attorney.
Still checking the solution. If anybody has a good solution, please share with us, the small business owners.
This company is a ripoff, small businesses beware
Locked into a scam of leasing a credit card processor for 5 years.
Preferred solution: Let the company propose a solution
A FRAUD!!
- No customer service
- Misled with contract
- No return emails or calls
Preferred solution: Deliver product or service ordered
Here is a gift to help all of you
A gift to those who were scammed by Payment SystemsAnd are thinking of working for them
The real scam starts at the top with Matt Patton teaching people to lie, cheat and steal with there 1% for credit and 0% for debt. This is true they do charge these rates but its after interchange so that takes you to the 4-7% you all see on your statements. These so called sales managers or underwriters are taught to show 50-70% pin based debit at the 0% so they can raise your lease price even more. This is were Matt Patton teaches that you can only show the merchant the savings and its up to the merchant to run pin based debit, but guess what you still pay interchange on the pin based debit so there is no real 0%. Their whole business model is revolved around the fact that you do not know what you are looking at and they take advantage of that. The other thing they do is they bill you daily and at the end of the month they bill you again double dipping on your money, this is called bill back and it a sneaky way to steal your money. Everyone needs to contact the FTC and ask for them to go through there training and they will find out that this company is teaching people to do these things to merchants. This is not at any fault of the sales reps that are taught these things, which most do not know any better. For the few that do shame on you this company worships the almighty dollar and they do not care about anyone or anything. They do have a deal through Americorp Leasing but the deal is you have to successfully make your first 3 payments and then Payment systems if off the hook for the lease anything before that is a chargeback onto payment systems. Yes they will go into your account and steal your money while threatening you that they will sue you. To fix this within the first 3 months you need to close your account and open a new bank account so they cannot steal your money. If you do not close your account they will take $1795 in fees for canceling with them so before you cancel CLOSE YOUR ACCOUNT. IF you are past the 3 months then you need to contact the leasing company and give them all the info you can on how they promised you all these savings and it never happened if you can get the leasing company to see that you were frauded by this company they will chargeback payment systems due to fraud. They will then threaten to take you to court, please welcome this, as a matter of fact file a law suit against them that way its not filed in California, and ask them when and where and then counter sue. They have been shut out of 3 states due to class action lawsuits so do your part and welcome court with them they will lose. I will list the names and numbers of Matt Patton the vice president of sales for the company and the mastermind behind all the lies to continue to run rapid through out the U.S.A. As far as how they treat their employees well they use them until they catch on that they are ripping people off or until they can't use you any longer. They treat people like dirt and this company needs to be shut down so if you are on here complaining about what they did to you get off your butt and really do something about it. Call the authorities, start a class action lawsuit, take them to court, and on and on do you and everyone else a favor and stick up for yourself. Below is all the contacts at the top to the GM’s of these offices that keep this huge scam running, quit complaining and start doing something about this. If you do nothing this will not stop this will continue to screw good business owners like yourself over. It is time to do something about this scam and iv given you all the tools to stop this. Now its up to you to do something about it also copy and paste this on every site known to man including yelp, Facebook, twitter and any other social media. Its time to shut down this company.
If you are thinking of working for this company the only way you will fit in is if you have NO morals and love to scam people out of there hard earn money. They keep you traveling so the lies and scams take time to catch up and keep you moving so you don’t catch on. Do NOT buy into this company’s scams of how much money you will make. They charge a pack on every deal of $325 and a piece of equipment that cost $200 they will charge you $600-700, this all comes out of your commissions so if you do the math lets just say they charge you $600 for the equipment and the $325 pack they have stole $232 of your commission how the total is $925 and you would have gotten 25% of that. Now take in mind if you offer a payoff for your merchant of lets say $500 that comes out of your commission as well and guess what? That’s right the merchant will never see it and you just gave PS $125 of your pay. They tell you avg commissions are $800 and that’s a total lie how lets do the math.
You only get paid on the leaseLets say you do a lease for $139 how your pay works is you get 25% of what’s left out of the money and here is the math
$139 divided by .034 (avg credit) =$4088
Equipment will be $1020 due to the lease they need to send extra equipment due to the lease and they charge you 3 times the cost (real nice they take your money by charging you 3 times what the equipment really cost them)
$325 pack (another scam)
payoff off $500
4088-10**-**5-500=2243 X 25% = $560 far cry from the avg $800 they promise you
Now keep in mind that you just charged a merchant $139 a month for a lease on top of the promise that they will get 1% for credit and 0% for debit. After all is said and done they get there statement and they went from a effective rate of 2-3% you promised them with the lease to paying 5-7% just in processing not to mention they still have $139 lease every month. So if you have 0 morals or no care of anyone but yourself and can sleep at night ripping people off this is the company for you.
Again lets end this company a by standing up and shutting them down. Do not sign with this company they will screw you over and do not even think about working for a company like this because just like their merchants they treat there employees the same way. Lets end this madness and shut this company down.
Matt WiltseyCEOmatt@***.com(888) 592-**** ext. 10105 (Work)858-699-****
keith olmoExecutive Vice President of Saleskolmo@***.com(888) 592-**** ext:13103 (Work)760-576-****
matt pattonvice president of salesmpatton@***.com480-747-****
dean snyderGM - Orlandodsnyder@***.com(407) 545-**** (Work)678-907-****
bruce collierla GMbcollier@***.com213-500-****
tom martinoChicago gmtmartino@***.com630-853-****
tom tajalliGeneral Manager carlesbadttajalli@***.com(760) 444-**** (Work)(818) 288-**** (Mobile)(888) 835-**** (Fax)
joe martinGeneral Manager dallasjmartin@***.com214-478-****
I was fraudlently enrolled with payment systems
Preferred solution: Full refund
Class action lawsuit in Los angeles?
I will like to join a class action lawsuit. sales rep claimed she was from first data.
sales rep. was able to talk my father into showing him our bank statements and then compared those to theirs. they also bought out our contract with bofa claiming that was legal. When we found out a couple days later, we called to cancel and they claimed it was a non-cancellable contract which they did not mention.
it took us 1 whole month and multiple people on the phone to get the machine started.
now they are charging us fees, "invalid tin" fees, and are avoiding all our calls to correct this so-called invalid tin while charging us at the same time. HELP!
Salesman providing false information!!!
Don't Even Think about signing up Payment Systems!
Preferred solution: Let the company propose a solution
Stay away from this FFF
Payments Review
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Verified Reviewer | Knoxville, TennesseeBiggest Scam In Credit Card Processing
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They have changed their name to merchant club of america and are still harrasing us merchants. After doing a lot of research i found those in charge are.
Joe Martin, Zaven Tootikian and Mathyerin all presidents and employees of payment systems corp that jist so happen to all be working at merchant club of america. Located at in Plano Txl. I recieved a number of calls saying they are taking over for payment systems or that i applied for some cash loan or trying to sell me a security system. It has to stop!
I believe the address is 700 E Park Blvd, Ste 202 Plano, TX 75074 as found on 2 similar websites. With the number 800.510.1100 on the site but the number calling me over and over is a 214 number.