Complaint Review: Xcoin Absolute Payments - Internet Internet
- Xcoin Absolute Payments 2711 Centerville Road Suite 400 Internet United States of America
- Phone: 866-909-2646
- Web: www.xcoin.com
- Category: Credit Card Processing Companies
Xcoin Absolute Payments Xcoin Scam Merchant Provider Internet
*Author of original report: Xcoin Paid
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..
Another Third Party Merchant Provider ends up being a Scam. I signed up for a Third Party Merchant account with Xcoin.com. Faxed all the required documents. I should have known it was a scam, because the Receiving (Processing Limit) and the Withdrawal Limit was not the same. My Account was allowed $25,000 a month to be processed, but only allowed $2500 a month to be transferred to my Bank Account. I did ask Xcoin about this and was told that if I Processed over $2500 a month, the extra funds would carry over to the next month. I really do not think this is Legal to begin with, because if I could only get paid $2500 a month, then my processing limit should be the same. That was warning sign number one. Anyway, I processed about $600 in one week. I tried to Withdraw $192.00 and $304.00 on two different days. Much to my surprise, the Withdrawals were pending for a week. I contacted Support at Xcoin.com. I received two emails stating that the Withdrawals were approved. I never received the funds and the Withdrawals remain Pending. I contacted Support at Xcoin.com twice and received no replies. I tried calling and nobody answers. I know my Bank Account is correct because I Confirmed the Bank Accounts and received a small Deposit from Xcoin for 60 cents. They obviously never transferred the funds because the Withdrawals are still Pending. Watch out for Xcoin.com. Add them to your list of "Scam Merchant Service Providers". Xcoin Absolute Payments My A$$
This report was posted on Ripoff Report on 04/19/2010 02:14 PM and is a permanent record located here: https://www.ripoffreport.com/reports/xcoin-absolute-payments/internet/xcoin-absolute-payments-xcoin-scam-merchant-provider-internet-594629. 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
Xcoin Paid
AUTHOR: Robert - (U.S.A.)
SUBMITTED: Wednesday, April 21, 2010
I received the funds from xcoin. They said it was an error. I would like to say Xcoin was honorable after all
Advertisers above have met our
strict standards for business conduct.