Xcoin Absolute Payments
Xcoin Scam Merchant Provide

Another Third Party Merchant Provider ends up being a Scam. I signed up for a Third Party Merchant account with Xcoin.com. Faxed all the required documents. I should have known it was a scam, because the Receiving (Processing Limit) and the Withdrawal Limit was not the same. My Account was allowed $25,000 a month to be processed, but only allowed $2500 a month to be transferred to my Bank Account. I did ask Xcoin about this and was told that if I Processed over $2500 a month, the extra funds would carry over to the next month. I really do not think this is Legal to begin with, because if I could only get paid $2500 a month, then my processing limit should be the same. That was warning sign number one. Anyway, I processed about $600 in one week. I tried to Withdraw $192.00 and $304.00 on two different days. Much to my surprise, the Withdrawals were pending for a week. I contacted Support at Xcoin.com. I received two emails stating that the Withdrawals were approved. I never received the funds and the Withdrawals remain Pending. I contacted Support at Xcoin.com twice and received no replies. I tried calling and nobody answers. I know my Bank Account is correct because I Confirmed the Bank Accounts and received a small Deposit from Xcoin for 60 cents. They obviously never transferred the funds because the Withdrawals are still Pending. Watch out for Xcoin.com. Add them to your list of "Scam Merchant Service Providers". Xcoin Absolute Payments My A$

Company: Xcoin Absolute Payments
Country: USA
Address: 2711 Centerville Road Suite 400
Phone: 8669092646
Site: xcoin.com

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