North American Bancard
Lies, lies and more lies Troy
- 02-02-2008
- 9
This company WILL rip you off.
First off, they do not tell you that even though the terminal is "free" there IS an $89 per year annual fee.
They are NOT giving you anything - you have to give it back.
They tell you that it costs 1.59% plus a 19 cent transaction fee. They do NOT tell you that on top of the transaction fee there is a 10 cent surcharge on EVERY SINGLE TRANSACTION!
They will tell you that the contract is for 3 years. READ THE FINE PRINT - if you don't notify them in writing at least 60 days before the contract expires then you are automatically stuck with them for another 12 months.
They tell you there is a $5 per month Monthly Statement Fee - it's $10.
They tell you that "they only require you to do $25 in monthly charges". Let me tell you that it's $25 in FEES per month. That is $1600 in credit card charges.
They WILL hold your money on any charge over $500 until you send them a receipt signed by the customer AND they have spoken to your customer!
Most of all — the customer service is the worst in the industry. They will NEVER be able to help you.
Avoid them like the plague.
Company: North American Bancard
Country: USA
Phone: 2482696000
Site: nabancard.com