I am most sympathetic to the merchants that TenderCard did rip off. It should also be known that they screw their resellers too. They never pay residuals in accordance with their contract.
Today they announced that the reseller buy rates have been increased to the same amount that the merchant pays leaving NO MARGIN for the reseller! They also did this to their monthly hosting fee! They truly are SCUM!
My firm now represents a very reputable service provider who offers better service, lower rates, higher margins and mot importantly, they are NOT criminals like TenderCard. I will convert my portfolio from TenderCard to this new service provider.
Merchants also beware!!! They announced that they will start billing Merchants an Annual Fee of $85.
I am interested in collaborating with any TenderCard merchant or reseller, willing to form a coalition to go after these crooks! They have been getting away with this for too long! It's time for us to act and shut them down!!
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