Merchant Lynx Services
Deceptive Sales Tactics Salesman spoke of a 2 yr agreement but actually put 4 yrs in the paperwork

Shops, Products, Services

In March I met with a salesman who spoke of a 2 year agreement for the capability to accept credit cards. My agreement stated no annual fees and no minimal requirements. When I spoke with the salesman I explained that my type of business would never require me to actually handle a customers card. I would get the information from them and then process it from my office.in December I was shocked to find charges for annual fees taken out of my checking account. There was a $99 and $89 annual fee. It wasn't until I called on this that I realized the salesman had signed me up for 2 types of accounts. One that would allow me to process out in the field - the other to process in my office. I didn't need both as I explained to the salesman in the initial meeting. They refunded my the $89 for the unused account and closed it. However, I had been charged $5 a month service fee for this account from the beginning. I did not get that money back. Then I started seeing $25 minimum fee charges. I fought with them over that as I had in my contracts very clearly stated no annual fee and no minimum requirements. I finally got my $99 refund in March. Just recently I noticed I was being charged another fee of $9.95. When I noticed this - I called and was told that was the new internet service they provide to all customers. I never agreed to this nor did I need this. They were able to refund me back 2 months of this charge but I had been charged for this for about 6 months.

My business dissolved in October. I have continued to pay the monthly fees knowing that I had a 2 year agreement. I spoke with the company in January (when I was persuing the annual fee refund) and asked when my contract was officially up that I could cancel services. I was told February 25 and given a fax number to send my request. I needed to process a final payment from an outstanding client account the beginning of March so I planned on waiting until after that. When I tried to process this final payment - it wouldn't go through. After calling for several days, I finally get to someone who then tells me my account was closed on February 14. I had not faxed a request for this yet. They reopened my account and I processed my final payment. Once the money was in my account, I faxed the paperwork to close this account which was on March 25. On March 31 I was again charged the $56.47 monthly leasing fee for this account. As I call the company today (April 3) I am now told that I signed an agreement for 48 months and I will have to keep paying this for 2 more years. It does indeed say 48 months on the contract that I signed but I still have my hand written notes in my file that show the salesman spoke of a 2 year agreement. I was always lead to beleive this was all for 2 years and 2 years only and I was more than happy to "do my time" for this but not for an additional 2 years. I will be pursuing this in a more legal fashion as I am disgusted with their tactics and deceptive business practices.


Company: Merchant Lynx Services
Country: USA
State: Georgia
City: Canton
Address: 180 Admiral Cochrane Drive, Annapolis, MD 21401
Phone: 8668732200
  <     >  

RELATED COMPLAINTS

Lease Finance Group LLC
Salesman used deceptive tactics

Innovative Merchant Solutions
Unfair Business Practice

Payment Systems Carlsbad
Chase Paymentech Lied about cancellation fees & annual fees, Trapped into staying, cost to cancel $2000. Double charges

Bank of America/FIA card services
Not honoring WRITTEN agreement

First National Credit
Scam! $15,000 gold card scam! Rip off!

North American Bancard
Sherria, Chris, Zoe @ Commerce Payment Systems Deceptive, Lies about contract or agreementents, raising fees, charging unauthorized charges

Processing Solutions
Best Processing Solutions Charged hidden and undisclosed fees, outrageous prices for equipment

Appstar Financial
Byer beware, ripoff, unreliable information given by salesman

Equity Trust
Consumer Report

HBSC - Orchard Bank
HBSC did not close my account 2/07 as requested and racked up bill due to annual fee originating 4/11/07 ripoff