Merimac Capital - First American Payment Systems
Don't get ripped off by Merimac Capital First American Payment Systems like I did!
I found out that Merimac broke into my two checking accounts and took -$879.41 from each of the accounts under lease collection. Both transactions were unauthorized and unscheduled. I never leased anything from them and never requested a service from them. How much power do they have to get the money from our business accounts without authorization or consent? My bank investigated the transactions and from an internet search, we found that they were associated with AppStar and/or 1st American payment processing. Be careful, never do business with any of these companies.
I initially blocked the merchant services from getting to my accounts. It caused me so much pain and anger that they take a lot of fees. In fact, they were taking bankcard fees twice under the pretext that I have two businesses on the same terminal. They broke into my account using a different name, which is Merimac Lease Collection. This is fraud and it is a scam. How many businesses could legally take money from accounts just because they could break into the account?!
Now, as a result of this fraud, both of my accounts are overdrawn and I won't be able to pay my business bills, not even my utilities and fuel.
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