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Report: #1175315

Complaint Review: Intuit Payment Solution - Nationwide

  • Submitted:
  • Updated:
  • Reported By: Business Owner — Alabama
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  • Intuit Payment Solution Nationwide USA

Intuit Payment Solution intuit payment solutionintuit merchant providerintuit merchant solutionintuit scam Intuit Payment Solution SCAM FRAUD RIPOFF - DO NOT SIGNUP WOODLAND HILLS, CA Nationwide

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SCAM #1: Refund/Credit Fees - INTUIT PAYMENT SOLUTION MERCHANT RIP-OFF

 

Intuit merchant scams their customer like no other.

Here is an example:
Lets say you sold an item to a customer for $10,000.00 and it had a non-qualified rate of 5%. Which by the way they classify almost every transaction as non-qualified to charge you more fees.

So you were charged $500.00 in fees for this transaction.

Now, this customer decides to cancel the order. So you issue a refund of $10,000.00.

Guess what? Intuit scam artists will now charge you another transaction fee of 5% on top of the original $500.00 they charged you.


Now you have paid a total of $1000.00 in fees alone for a transaction that you never made a dime on!!!
Your net LOSS -$1000.00

 If you issue even if a few credits each month, these numbers add up quickly.


STAY AWAY FROM INTUIT MERCHANT SCAMMERS!

 

SCAM #2 - Long Hold Times - INTUIT MERCHANT SCAM

 

Do not expect to get anyone on the phone quickly if you ever have any questions or problems. The average hold time I had this company was 1 hour 7 min.

If for any reason the line disconnects, you will have to call back and stay on hold on again.


I had days where I feel like I was on hold the entire day with Intuit just to get answers to my questions.

Do you really want to work with a scam company that will put you on hold for hours to get an answer? I have worked with many merchants and Intuit is so far the WORST!!!


DO NOT REGISTER WITH INTUIT MERCHANT PAYMENT SERVICE

 

SCAM #3 - Holding Held Funds - Thousands of $$$ - INTUIT PAYMENT RIP-OFF

 

For no reason whatsoever, Intuit can and will hold your funds for upto .. are you ready .. 12 MONTHS!!! Even if you do not have any chargebacks or disputes.

Even then there is no guarantee if they will release the funds.

So if you are a small business owner, your cash flow will be royally f**ked because Intuit decided to hold your funds for no reason.

And guess what? They will tell you that there is nothing you can do because it is in your agreement that you signed.

They held over $12,000.00 of my money for over 12 months.

Keep in mind, I had no disputes, no chargebacks on the account. They simply held the funds and kept earning interest on my money. But you do not earn any interest on the money they hold.

This kind of shady practice can really put a company out of business.

 

Lets put Intuit merchant out of business,

DO NOT SIGNUP WITH INTUIT

 

 

 

 

This report was posted on Ripoff Report on 09/08/2014 01:56 PM and is a permanent record located here: https://www.ripoffreport.com/reports/intuit-payment-solution/nationwide/intuit-payment-solution-intuit-payment-solutionintuit-merchant-providerintuit-merchant-so-1175315. 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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