Complaint Review: TranTech Merchant Group - Ft Worth Texas
- TranTech Merchant Group 100 Throckmorton St, Suite 1800 Ft Worth, Texas United States of America
- Phone: 8007702439
- Web:
- Category: Credit Card Processing (ACH) Companies
TranTech Merchant Group Secure Chex Salesman was misleading, company is even worse. Ft Worth Texas
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I got into this mess in June of 2005. The salesman told me that I would own the equipment at the end of a 3 year lease. I signed the paperwork and waited for my card and check processing machines to arrive. Everything that was needed was not included, the instructions were unclear and complicated, and I would have to go through several steps to process checks. We have a mobile service and take checks at the service site so the check processor was virtually useless. I finally went back to my old equipment and processing service.
When I got my copy of the lease agreement out and read it I found out that I have to purchase the equipment at the end of the lease period. I called and they more or less told me that it was what it was and I couldn't do anything about it, let the buyer beware. When I tried to get help understanding how to operate my system I couldn't even get a person on site to help me.
This equipment has sat in a cabinet now for over 4 years, I only tried to use it for about a week. My lease payment is 107.41 per month, my account is debited 40.50 for bankcard services and 34.50 per month for secure chex even though they are not used. When I tried to cancel service last year I was told my contract was not up yet. I just talked to a customer service rep who told me that my contract auto renewed without my knowledge and I will have to send a letter and a Money Order or Cashiers check for 695.00 to get this stopped.
I have stopped payment on the lease already and I don't know yet what they will charge. No doubt there will be a similar set up since I suspect the lease company is owned by the same compant as Trantech is. I would gladly welcome a class action suite to put these people in their places.
This report was posted on Ripoff Report on 08/20/2009 09:45 AM and is a permanent record located here: https://www.ripoffreport.com/reports/trantech-merchant-group/ft-worth-texas-76102/trantech-merchant-group-secure-chex-salesman-was-misleading-company-is-even-worse-ft-wor-482888. 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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