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Report: #1064251

Complaint Review: WePay.com - Palo ALto California

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  • Reported By: Oliver — Siesta Key Florida
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  • WePay.com 380 Portage Avenue, Palo Alto, California 94306 Palo ALto, California USA

WePay.com AKA WePay Deceptive business practices. Don't use these guys! Palo ALto California

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The credit card processor WePay.com is a total scam. They clearly advertise that they only charge 2.9% plus 30 cents per transaction.
Based on that information, I signed up with them.
My first client paid me $1,000. As wepay.com advertise, the funds would be wired to my account the next business day

After one week, they finally wire me $470.70 to my account.
I immediately contact them to find out where the other half is and I get a reply the next day saying that the source of my business (webdevelopment and placing) was very risky and that they would hold on to the second half for another 2 weeks before wiring it.

Not only did they charge me 5.9% plus 30 cents for each wire, I have also incurred various overdraft fees of $35 each in my account with my bank as I was counting on the availabiltiy of my funds.

All in all, the $1000 charge to my client cost me over $120 in fees!

Now I suggest you use square.com to whom I have switched and get exactly what they advertise.

Not some shady scam like wepay!

Inform yourself and avoid these guys!

 

This report was posted on Ripoff Report on 07/03/2013 02:56 PM and is a permanent record located here: https://www.ripoffreport.com/reports/wepaycom/palo-alto-california-94306/wepaycom-aka-wepay-deceptive-business-practices-dont-use-these-guys-palo-alto-califor-1064251. 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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