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Report: #756837

Complaint Review: xenex merchant processing - flint Michigan

  • Submitted:
  • Updated:
  • Reported By: Jay — michigan Michigan United States of America
  • Author Not Confirmed What's this?
  • Why?
  • xenex merchant processing 6340 n genesee rd flint, Michigan United States of America

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Stay a way. Ryan the owner or one of the owners . Told me he could save me $55 on my credit card processing when I ask him how he said I would pay cost, only if I leased the equipment for  $49  for 48 mos  thats $2,832.00 for equipment that I could buy for  $200 or less.


He told me I would only pay around $80.00 and thats with the equipment. So over all he can ( so he said) bring my fee down $104.00. That means I would only be paying $28.00 mo for processing + the $49 lease. Sounds good right? 


Well  I pay out about  $132.00 mo for $6,500 of cc processing. I have  interchange +.05 &  $ .05 pre trans, $2.00 statement fee. With all my fees, I pay over all 2.03%  


I know Visa & Mastercard have set rates and if the processor goes below the set rates they lose money. So how can he save me that much? HE CAN"T ITS A SCAM.

This report was posted on Ripoff Report on 07/26/2011 06:18 PM and is a permanent record located here: https://www.ripoffreport.com/reports/xenex-merchant-processing/flint-michigan-48506/xenex-merchant-processing-xenex-scam-xenex-rep-ryan-bradford-of-flint-michigan-756837. 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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Updates & Rebuttals

REBUTTALS & REPLIES:
0Author
2Consumer
1Employee/Owner

#3 REBUTTAL Owner of company

THE AUTHOR ABOVE IS MY OLD EMPLOYER

AUTHOR: Current Rep for Winston Sylvester - (United States of America)

POSTED: Saturday, August 04, 2012

GUESS WE SHOULD ALL BE SORRY FOR NOT WANTING TO CONTINUE WORKING FOR YOUR  ORGANIZATION ONCE WE REALIZED WHAT WAS GOING ON JUST TO CLEAR MY OWN NAME I NO LONGER WORK WITH THIS COMPANY AND HAVE MOVED ON....

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#2 General Comment

Ryan Anderson, not Bradford

AUTHOR: Polarbear - (United States of America)

POSTED: Sunday, March 04, 2012

His name is Ryan Anderson, not Bradford, that's his fiance, trina, last name, it wouldn't surprise me that he is using his fiance last name, two peas in a pod!

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#1 Consumer Comment

Ryan Anderson not Bradford that's his fianc name

AUTHOR: Polarbear - (United States of America)

POSTED: Sunday, March 04, 2012

His name is Ryan Anderson, not Ryan Bradford, that is his fianc, Trina, last name, I have had dealings with him before, doesn't surprise me that he would use his fiance last name, they deserve each other!

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