Complaint Review: Capital Merchant Solutions - Internet Internet
- Capital Merchant Solutions Internet United States of America
- Phone: 1-877-495-2419
- Web: http://www.takecardstoday.com
- Category: Credit Card Processing Companies
Capital Merchant Solutions credit card processor, merchant gateway, hidden fees Internet
*Author of original report: National Payment Processing
listed on other sites?
Those sites steal
Ripoff Report's
content.
We can get those
removed for you!
Find out more here.
Ripoff Report
willing to make a
commitment to
customer satisfaction
Click here now..
After finally becoming fed up with these outrageous "compliance" fees, I submitted a cancellation request in the middle of this month (knowing that I would be charged the $300+ early termination fee). Surprise, surprise--I was charged on last "compliance" fee, and this time it was $140.00!!! So, basically, I have been penalized nearly $500 for cancelling this outrageous service.
So in sum, if you sign up to do business with this company, you will spend an absolute bare minimum of $1000 per year, whether or not you conduct any credit card transactions at all. In short, I run a small business, and the $1200 in "compliance" fees I paid last year completely destroyed my margins. In fact, the numbers are pretty staggering: I proceeded approximately $7500 in transactions over the last year and half, while paying Capital Merchant Solutions over $2000. I'm completely disgusted.
This report was posted on Ripoff Report on 08/08/2011 03:20 PM and is a permanent record located here: https://www.ripoffreport.com/reports/capital-merchant-solutions/internet/capital-merchant-solutions-credit-card-processor-merchant-gateway-hidden-fees-internet-762566. 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
If you would like to see more Rip-off Reports on this company/individual, search here:



#1 Author of original report
National Payment Processing
AUTHOR: matt4009 - (United States of America)
SUBMITTED: Tuesday, August 09, 2011
I forgot to mention that National Payment Processing is a part of this misconduct as well, and perhaps even the primary party to blame. I have now searched the internet and found other people with the same story -- the unconscionable fees, the lack of transparency, the multiple name changes to hide the identity of the responsible party. I am currently preparing a complaint in small claims court against both entities.


Advertisers above have met our
strict standards for business conduct.