Complaint Review: Priority Payment Systems - Alpharetta Georgia
- Priority Payment Systems 2001 Westside Pkwy Alpharetta, Georgia USA
- Phone: 800-933-0064
- Web:
- Category: Accounting
Priority Payment Systems Risk Management Department Erroroniously reported money credited to bank account causing a chain of events and stress that can't be recovered Alpharetta Georgia
*General Comment: Question for you...
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We own 3 busisnesses. We accept credit cards in two of them. We received a very large payment. My bank showed a deposit credited. Three days later, I receive a call fro "Risk Accessment" stating they are holding the money, as it exceeded my transaction limit. I paniced as we had written checks for thousnds of dollars for expenses incurred for the service we performed. Having a sercurities license and owning another business, I knew this could lead to bounced checks for amounts that could result in felony charges. As I was questioning as to why the hold was placed, and the fact I was the CEO/President of the company, and made no such requests for authorization limits how this could happen. They blamed a third party and refused to take any responsibility. As I continued to question they as to why they were holding my money, I was informed 30 minutes later that a mistake was made on their part, and the money was in fact placed in our acount. and they were "sorry."
Sorry, they are! They couldn't answer my question as to why they would cause such a panic, without first researching their data to make sure it was accurate. The emotional distress they placed on me was wrong and uncalled for. I don't reccommend anyone doing business with them for merchant services. We are looking for a replacement right now.
This report was posted on Ripoff Report on 05/12/2015 08:32 AM and is a permanent record located here: https://www.ripoffreport.com/reports/priority-payment-systems/alpharetta-georgia-30004/priority-payment-systems-risk-management-department-erroroniously-reported-money-credited-1228532. 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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#1 General Comment
Question for you...
AUTHOR: Striderq - (USA)
SUBMITTED: Tuesday, May 12, 2015
It sounds like the amount depsoited was unexpected by you. Why would you just start writing checks on this deposit and not research it first? You should know the amount you expect to be deposited, any deviation should be questioned quickly and completely BEFORE any of that money is used.
No, I don't work for them.


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