Transnational Bancard Inc
Bait and switch fraud

If someone contacts you from this company to process your credit cards-Beware... Beware... Beware for the bait and switch.

They come in talking about how much they are going to "save" you, not about how much it is going to cost.

I wanted to take credit cards in my business. I was contacted by someone from Transnational, a cold caller, and agreed to meet with him. Soon his "manager" who represents how great the company is and how they are a "big player" in the world of credit card processing shows up and tells me how they are going to help me and be there for me.

In the end, I was tied to a four year lease that I cannot get out of for an amout I cannot afford. After I got my first statement, they had taken over $250 from my business account for this lease and "additional fees". Never did he explain that it was going to cost this much or that it was just the beginning of a four year nightmare.

Yes - I did sign a flurry of papers, but it was not explained in terms I could understand. I run a small shop, and there is no way I would have consented to spending this much money per month for so long. I do not make that much that I could have justified it.

I tried to appeal to many different people in the company, and out of the company. All with the same result - quot;THERE'S NOTHING WE CAN DO". The truth is -there is nothing they want to do except take my money and have their attorneys ready if I don't give it to them They are scammers preying on the niavety of the small business owner.

If someone calls you from Transnational... RUN the other way. If someone contacts you from this company to process your credit cards-Beware... Beware... Beware for the bait and switch.

They come in talking about how much they are going to "save" you, not about how much it is going to cost.

I wanted to take credit cards in my business. I was contacted by someone from Transnational, a cold caller, and agreed to meet with him. Soon his "manager" who represents how great the company is and how they are a "big player" in the world of credit card processing shows up and tells me how they are going to help me and be there for me.

In the end, I was tied to a four year lease that I cannot get out of for an amout I cannot afford. After I got my first statement, they had taken over $250 from my business account for this lease and "additional fees". Never did he explain that it was going to cost this much or that it was just the beginning of a four year nightmare.

Yes - I did sign a flurry of papers, but it was not explained in terms I could understand. I run a small shop, and there is no way I would have consented to spending this much money per month for so long. I do not make that much that I could have justified it.

I tried to appeal to many different people in the company, and out of the company. All with the same result - quot;THERE'S NOTHING WE CAN DO". The truth is -there is nothing they want to do except take my money and have their attorneys ready if I don't give it to them They are scammers preying on the niavety of the small business owner.

If someone calls you from Transnational... RUN the other way.

Company: Transnational Bancard Inc
Country: USA

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