ED Magedson – Founder
Wells Fargo Bank & Merchant Services5251 Westheimer RD. Internet USA
Wells Fargo Bank & Merchant Services is the biggest rip off. Internet
Wells Fargo Bank & Merchant Services is the biggest rip off. Wells Fargo Bank called me small business and stated they have a free merchant credit card processing account with less interest on sales than Paypal and better and with no termination fee. All a big fat lie! They took my credit card sales and kept them for themselfs not untill I filed a govnernment agency complaint did I get my money back many days after I was suspose to.
And after Wells Fargo employs from the bank that solicited treaten me and my business plus a phone call from Wells Fargo Corperate security calling and harassing and person tried to intimidate me. I closed my accounts at Wells Fargo and gave back the card machine and I went to other Wells Fargo Bank and they stated they would take care of this, another big fat lie. Know I getting letters and bills from Wells Fargo Merchant Services stating in text I owe them $459.00 and if I do not pay them the extortion money I do not owe them they may damage my credit report. This has cost my small little business $10,000 and running dealing with this in lost work time and spending more work time on this total nightmare from Wells Fargo Bank. They should be put in jail for this.
Owner of Newport Coast W. D,
This report was posted on Ripoff Report on 05/11/2013 02:03 AM and is a permanent record located here: http://www.ripoffreport.com/r/Wells-Fargo-Bank-Merchant-Services/internet/Wells-Fargo-Bank-amp-Merchant-Services-is-the-biggest-rip-off-Internet-1050066. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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