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Report: #1302512

Complaint Review: Payment Systems Corp - Los Angeles California

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  • Reported By: Johnnie — Pasadena California USA
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  • Payment Systems Corp 633 W. 5th Street Los Angeles, California USA

Payment Systems Corp MPRSC Took About $7000 from my account for doing nothing, equip. Was returned they never process any transactions. Los Angeles California

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We owned a small family owned restaurant in Burbank Ca..we used Harbortouch for our credit card processing. We received a visit from the represenative of Payment Systems Corp..The represenative wanted to sign us up for credit card processing. Said I could review the lease but he could not print it out because he did not have a printer. Said I could review the lease on his tablet/laptop & he would return tomorrow with the paper copy to review & sign if we wanted to change. he went through the lease agreement on the computer & I initial the pages.

He said I have three days to cancel the contract anyway but he would come by tomorro. I did some research on the company that night & did not like the findings. I called the represenative the following day & got no response. I called the following day & still got no response. The following day I sent the represanitive an email saying we would stay with our current processor & not go with their firm. I went to the bank to inform them about the company & that they could possible try & take funds from our account. They advised me co Change the account number rather than close the account.

i thought everything was taken care of. Being a small family owned business we were working 12 hrs per day six days a week  so I wasn't my bank statement. I realized when I was doing my income taxes the absorbent amount I was paying for processing fees. They were taking out ($116.43 for equipment lease & $193.90 for processing fees). We sold the business in August of 2015 & they continued to take funds out.  

I called the company in New York & they email me a copy of the lease with my signature. I do not remember signing the form and the signature looks nothing like my signature. upon receiving the lease I also noticed that they had the old account number. I don't know how they got our new account number I am assuming my bank gave it to them.

They must have a tremendous profit margin near 100 percent. I can't afford to spend more for an attorney & extend my lost, I am sure as most small business owners wouldn't have the funds for attorney fees.  

If there is a class action suit please count me in.

This report was posted on Ripoff Report on 04/28/2016 05:54 PM and is a permanent record located here: https://www.ripoffreport.com/reports/payment-systems-corp/los-angeles-california-90071/payment-systems-corp-mprsc-took-about-7000-from-my-account-for-doing-nothing-equip-was-1302512. 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. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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