Two years ago I signed up with Capital Merchant Solutions for a free authorize.net account only to find out that it’s really authorize.net working with a so-called re-seller, Capital Merchant Solutions who in their credit card processing use a rip-off company called Transfirst, which in small print on the application you have to sign to use their services state that if you cancel with them it will cost you $500. JUST TO CANCEL. They claim it’s because they offer such low rates, it just helps them stay in business. I found a new processor and a new merchant account and used them instead for an entire month. At the end of the month I got charges $51.30 for processing from Transfirst and $15.79 from Capital Merchant Solutions. FOR ABSOLUTELY NOTHING. I used these liars for two years and almost lost my business, as it costs more to use them than I could make. Thank God, I found out what crooks they are. To anyone out there who uses either Capital Merchant Solutions or Transfirst, I strongly recommend that you swallow the costly mistake you made and pay them their cancellation charge. It’s the only way to profit on a small online business. Sticking with these people can only cost you lots of money.
This complaint and/or review was posted on HolySmoke.org on 11:58 am, December 29, 2017 (CST) and is a permanent record located at: https://www.holysmoke.org/scam/capital-merchant-solutions-review/.
The reviews & complaints posted about Capital Merchant Solutions was submitted by a member or guest on this website. Any and all opinions and information are published as is. HolySmoke.org does not edit or remove any aspect of the report and is simply a consumer grievance free-speech platform. As such, HolySmoke.org cannot be held liable for the complaints and reviews posted about Capital Merchant Solutions as per Section 230 of the Communications Decency Act.
Be an Informed Consumer
An informed consumer is capable of making sensible decisions, gains insight about a business prior to an interaction or transaction. Our newsletter provides resources and information that informs you, the consumer. of such things as consumer rights and protection.