Report: #1482722

Complaint Review: SpotOn Tranact, LLC - Ca San francisco

  • Submitted:
  • Updated:
  • Reported By: Brockcity — Syracuse NY United States
  • SpotOn Tranact, LLC 300 california street Ca, San francisco United States

SpotOn Tranact, LLC SpotOn Matt Hyman Zach Hyman Chris Lombardi As an Agent Spoton/Cpay/iPayment had us defraud merchants purposely in order to obtain a financial gain Ca San francisco

*UPDATE Employee ..inside information: Understanding

*Author of original report: Rebuttal/Withdrawl of Post

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I am a former 1099 agent of the owners of this company ... formerly known to be Cpay and/or Central Payment Corporation, formerly iPayment LLC. Let me explain to the consumer... CONSUMER BEWARE... the owners go opening merchant service after merchant service and end up selling the company a few years down the line.

As an agent, I was personally taught how to "word" myself to business owners in Hope's of getting them to switch to SpotOn as well as the other aforementioned companies. We were told that if we did not sell business owners on the scam of switching their services to Central Payment or SpotOn then we would not get paid our dividend. I was instructed to exaggerate the offering of lowering rates and fees while in all reality this was not to be the case. I was I instructed to sell their SpotOn social networking rewards program knowing that the product was not compatible with the businesses I was instructed to pitch to.

The entire setup is a scam. I know the ins and the outs of every single fraudulent thing that is happening behind the walls and I am now going to make it known to the world. This is the 1st stop. Next is the BBB. And I am going to make sure that I spread the word like local wildfire in California which is where the company is Headquartered. People need to be warned immediately. I have lost everything because of the misleading and illegalities they teach us and have us perform while they sit back and make millions of dollars off of said clients we obtain.

The entire infrastructure is an elaborate scam but I must admit they know what they are doing. I will also point out that the owners of SpotOn have been shut down for scams in the past by the FTC and fined. However has that stopped them from continuing to do what they have been doing to the merchant sector/business owners? This entire sharade needs to be stopped immediately and I for one want people to be warned, and I am personally going to make sure the news spreads as far and wide as possible. 

This report was posted on Ripoff Report on 07/30/2019 01:07 PM and is a permanent record located here: https://www.ripoffreport.com/report/spoton-tranact-llc/ca-san-francisco-matt-hyman-1482722. 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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#2 UPDATE Employee ..inside information


AUTHOR: Confidential - (United States)

POSTED: Thursday, December 19, 2019

I am an ex employee of this company and understand your complaint. I know you also chose to rebut your origional statement, however, I also know that you were asked to recant in order to receive some sort of gain or promise from the company.

These crooks need to be displayed for all to see. You need to stand up for yourself and keep the truth out there. You can contact me via my personal email to discuss a suit moving forward. There is going to be a class action that is going to be opened shortly and I think it would be a good idea if we spoke further.

These criminals need to be stopped.

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#1 Author of original report

Rebuttal/Withdrawl of Post

AUTHOR: Robert - (United States)

POSTED: Monday, August 05, 2019

 To all concerned, I am the 1099 agent that posted this review. I want to apologize and set the record straight regarding spot on along with their CEOs Matt and Zach Hyman. This report was filed due to a passive aggressive ongoing dispute that I personally had with them. In no way has spot-on or any of their prior corporations been involved in any type of Deceit and or scams within the payment card industry.

I was taking my own personal aggressions out in hopes of gaining their attention and nothing more. I want to apologize to both of them and to the company spot on and it is my sincerest regret for providing misleading information that could have caused the company reputable harm as was not my intention. Spot on is one of the leading Merchants providers in the industry writing good solid business with no illegalities whatsoever.

I swear under the penalties of perjury that the aforementioned is indeed true and correct to the best of my knowledge and that no one person is forcing me and or paying me to make this statement withdrawing my original complaint.

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