National Merchant Bancard -- Anyone familiar with them? - eBay Suspended & PayPal Limited Forums
eBay Suspension & PayPal Limited Forums  
Join Today
Register Subscribe
     

Registration is fast, simple and absolutely free so please, join our community today!


Go Back   Home > Platform Discussions > General Platform Discussions > Payment Gateways

Payment Gateways Payment Gateway Discussions - Stripe Accounts, PayPal Accounts, Authorize.Net, Coinbase and More.

Reply
 
Thread Tools
  #1  
Old 10-21-2009
trig's Avatar
Executive [VIP]
 
Join Date: Jun 2008
Posts: 703
Thanks: 172
Thanked 39 Times in 31 Posts
Activity: 0%
Longevity: 91%
iTrader: (4)
Default National Merchant Bancard -- Anyone familiar with them?

Seems to me that the payment you receive are pretty quik.


According to the FAQ:
How will I receive payment on each of my transactions?

After the transaction has been approved, your customer's charges are
deposited directly from our processor to your bank account. Transaction
deposits range from 24 to 72 hours from the date of the transaction.


Any insight is greatly appreciated.
Reply With Quote
The complete step-by-step guide to get back to selling today!

  #2  
Old 10-21-2009
Lyda's Avatar
Senior Member
 
Join Date: Jul 2008
Posts: 1,462
Thanks: 58
Thanked 113 Times in 102 Posts
Activity: 0%
Longevity: 91%
iTrader: (1)
Default

If thats another name First Data is doing business under.. I would not trust anything they say.
Reply With Quote
  #3  
Old 10-21-2009
trig's Avatar
Executive [VIP]
Threadstarter  
 
Join Date: Jun 2008
Posts: 703
Thanks: 172
Thanked 39 Times in 31 Posts
Activity: 0%
Longevity: 91%
iTrader: (4)
Default

Why?
What can happen?
Reply With Quote
  #4  
Old 10-21-2009
trig's Avatar
Executive [VIP]
Threadstarter  
 
Join Date: Jun 2008
Posts: 703
Thanks: 172
Thanked 39 Times in 31 Posts
Activity: 0%
Longevity: 91%
iTrader: (4)
Default

and yes, it is First Data.
Reply With Quote
  #5  
Old 10-21-2009
lakeman's Avatar
Senior Member
 
Join Date: Jan 2009
Posts: 1,865
Thanks: 580
Thanked 411 Times in 233 Posts
Activity: 0%
Longevity: 88%
iTrader: (114)
Send a message via AIM to lakeman Send a message via MSN to lakeman Send a message via Yahoo to lakeman
Default

Trig read Lyda's thread about her experience with them. I'd stay away from them! First Data Merchant unethical practice! Watch out!
Reply With Quote
  #6  
Old 10-21-2009
trig's Avatar
Executive [VIP]
Threadstarter  
 
Join Date: Jun 2008
Posts: 703
Thanks: 172
Thanked 39 Times in 31 Posts
Activity: 0%
Longevity: 91%
iTrader: (4)
Default

Thanks, then please read my thread "I need cc processing advice." and point me in another direction.

Waiting weeks for ccnow is not the greatest.
And I'm praying the cash I have in there gets released like it should.

Thanks.
Reply With Quote
  #7  
Old 10-21-2009
trig's Avatar
Executive [VIP]
Threadstarter  
 
Join Date: Jun 2008
Posts: 703
Thanks: 172
Thanked 39 Times in 31 Posts
Activity: 0%
Longevity: 91%
iTrader: (4)
Default .

Lyda,

I don't mind spending $45 bux a month is the rest is hassle free.

I want a merchant acct that will allow me to put a little buy button on my site and accept credit cards. I want my money in 2-5 biz days. I want the merchant account to not hold my money or any bs like that.
Reply With Quote
  #8  
Old 10-21-2009
Lyda's Avatar
Senior Member
 
Join Date: Jul 2008
Posts: 1,462
Thanks: 58
Thanked 113 Times in 102 Posts
Activity: 0%
Longevity: 91%
iTrader: (1)
Default

Its not about 45 bucks. Its that they said fees were like 25 a month, than after a while they raised to 35 and now is 45. Also, when I complained, they said I signed and agreed that they can raise fees on you as they please. That's exactly what the manager told me.
I had to fax in cancellation of my cancellation the same day, opting for 45 a month until contract is out, but they still charged me regular 45 a month and three days later they sapped me with early closing fees. I can't tell you how many times I called to request a refund of 105 + 75, but each time a different person tells me different story. It was like , they would reverse the charge and I should get refund in 48 hours, than it was Columbus day and it takes 2-3 business days, than it takes 2 weeks, than the latest today.... They had to wait for my account to be reinstated so they can issue refund. She initiated refund (really?) today and it takes 5 business days to show in my account.
God only knows what will they say when I call them again next Thursday morning, cause I don't trust them.... I feel like they ae going to make me spit blood before I see this money back....Its up to you.. If they start you at 45 a months don't be surprised to get billed 70 or even 80 a month within short time.
Reply With Quote
  #9  
Old 10-21-2009
Lyda's Avatar
Senior Member
 
Join Date: Jul 2008
Posts: 1,462
Thanks: 58
Thanked 113 Times in 102 Posts
Activity: 0%
Longevity: 91%
iTrader: (1)
Default

Next time, I wll try to get Merchant through my local bank wheRE I do business anyway...
Reply With Quote
  #10  
Old 10-21-2009
trig's Avatar
Executive [VIP]
Threadstarter  
 
Join Date: Jun 2008
Posts: 703
Thanks: 172
Thanked 39 Times in 31 Posts
Activity: 0%
Longevity: 91%
iTrader: (4)
Default

Quote:
Originally Posted by Lyda View Post
Next time, I wll try to get Merchant through my local bank wheRE I do business anyway...


What do you mean by this statement?
Reply With Quote
  #11  
Old 10-21-2009
Lyda's Avatar
Senior Member
 
Join Date: Jul 2008
Posts: 1,462
Thanks: 58
Thanked 113 Times in 102 Posts
Activity: 0%
Longevity: 91%
iTrader: (1)
Default

What I mean is that some banks where you opened your chacking/savings account also offer Merchant services...
Reply With Quote
  #12  
Old 10-21-2009
trig's Avatar
Executive [VIP]
Threadstarter  
 
Join Date: Jun 2008
Posts: 703
Thanks: 172
Thanked 39 Times in 31 Posts
Activity: 0%
Longevity: 91%
iTrader: (4)
Default

wow. I will definitely check into this tomorrow.

I wonder if they have something that allows you to put a 'buy now' button on your site.

THAT would be awesome! --do you know?
Reply With Quote
  #13  
Old 10-21-2009
Vicvelcro
 
Posts: n/a
Activity: 0%
Longevity: 0%
Default

Cancel your arrangement with them. Known scammers. They keep hiding behind various umbrellas. They over charge, the charge fees that aren't applicable, and even when you cancel within the trial time-frame, they still attempt to charge a very hefty cancellation fee. You have to do battle with them to get it all ironed out.

NO TOUCHIE!

CouplaLinksForYouAll

First Data Complaints - Money scam
Ripoff Report: First Data Merchant Services Another scam by First Data Internet - many more on this site re first data

Last edited by Vicvelcro; 10-21-2009 at 06:54 PM.
Reply With Quote
  #14  
Old 10-22-2009
trig's Avatar
Executive [VIP]
Threadstarter  
 
Join Date: Jun 2008
Posts: 703
Thanks: 172
Thanked 39 Times in 31 Posts
Activity: 0%
Longevity: 91%
iTrader: (4)
Default

ty V. I got your message. I have not signed up for anything w/ them or given them any personal info.

I'll stay away.
Reply With Quote
  #15  
Old 10-22-2009
Lyda's Avatar
Senior Member
 
Join Date: Jul 2008
Posts: 1,462
Thanks: 58
Thanked 113 Times in 102 Posts
Activity: 0%
Longevity: 91%
iTrader: (1)
Default

Good for you Trig! Vic, I oly wish I knew this and read those reports before I signed up with them....

Makes me wonder if I'll ever see $170 reversal in fees now....
Reply With Quote
  #16  
Old 10-22-2009
Vicvelcro
 
Posts: n/a
Activity: 0%
Longevity: 0%
Default

Lyda,

If you read much of what others have posted in the SCAM forums and then invest a lot of time playing phone-tag with the reps at First Data, you do have a decent chance of getting your money back. Basically, you have to annoy them enough to force them into relenting. Ripoff Report is your best source of information regarding the recovery of your funds from First Data and their subsidiaries.
Reply With Quote
  #17  
Old 10-22-2009
Lyda's Avatar
Senior Member
 
Join Date: Jul 2008
Posts: 1,462
Thanks: 58
Thanked 113 Times in 102 Posts
Activity: 0%
Longevity: 91%
iTrader: (1)
Default

Thanks Vic, I have been on the phone with them numerous times in last 4 weeks..but I guess didn't annoy them enough - yet
Reply With Quote
  #18  
Old 10-22-2009
Lyda's Avatar
Senior Member
 
Join Date: Jul 2008
Posts: 1,462
Thanks: 58
Thanked 113 Times in 102 Posts
Activity: 0%
Longevity: 91%
iTrader: (1)
Default

OK, I read ALL of the Ripp-Off reports, than went to BBB and to my surprise, the company has A- status rating and no complaints whatsoever! How paradoxal is that?

Anyway, I called again today and expressed my concern about the refund and fees and they assured me I should see credit in my account within 5 business days which would be next Wed or Thursday.
So now I asked what exactly I need to do to close my account in Feb, wanting to make sure there won't be no more fees after that.. They tell me I'll have to fax in the request form and I will still be charged $75 closure fee regardless!
It doesn't matter you are just not renewing your contract, they still charge $75 regardless.
I am so mad at myself mostly to let this happen to me. I thought I could spot scammers better... Coming February 2010 and my last $75 dollar charge, you bet there will be a comment from me at the BBB board. I just hope it helps lower their A- rating, which is so undeserved!
Reply With Quote
  #19  
Old 10-24-2009
bansheezone's Avatar
Senior Member
 
Join Date: Nov 2008
Posts: 675
Thanks: 366
Thanked 123 Times in 88 Posts
Activity: 0%
Longevity: 89%
iTrader: (29)
Default

I was using them a month ago with no trouble but I did have to terminate the account due to having been filed under sporting goods instead of parts which I was informed via a letter and by phone letting me know that they need to hold my batches and due a review of the account. The guy who handles the security department in my area was a little hard to get in touch with but everything he said he was going to do he did as did I when they requested certain things still way less then what PayPal would normally ask for. After everything checked out my funds were given back and the account was closed, he added a note to the account termination file that it was due to an error on the application so I could apply again and not get black listed, I simply just signed right back up with no issues.

I did do a internet search prior to setting up an account with them but alot of people do not know how to properly set up a merhcants account and basically create thier own problems.

A few Key things is your average ticket - the average sale price of what you sell, it is important to really sit down and figure this out and aim higher then your average.

Also you highest sales ticket, and total sales amount for the month. You should also make sure you are put down in the right catagory and inform them by a personal call letting them know what you do, and verify everything is correct before using the account. Just like Paypal build trust and start slow, have all your documents in order just in case a review does happen. Anytime you expect a spike in sales or a higher then normal ticket number just call them and let them know that your going to inform them of the spike.

Overall I am happy with the service they provide me with, just not the charges and rates.
Reply With Quote
  #20  
Old 10-24-2009
Lyda's Avatar
Senior Member
 
Join Date: Jul 2008
Posts: 1,462
Thanks: 58
Thanked 113 Times in 102 Posts
Activity: 0%
Longevity: 91%
iTrader: (1)
Default

Maybe they were nice to you because they could suck you in again.....First time, - shame on them, secon time- shame on you. ....They don't turn into who they really are for a while... You just started. But I hope you remain happy with service. Really!
Reply With Quote
  #21  
Old 10-24-2009
bansheezone's Avatar
Senior Member
 
Join Date: Nov 2008
Posts: 675
Thanks: 366
Thanked 123 Times in 88 Posts
Activity: 0%
Longevity: 89%
iTrader: (29)
Default

They never stuck it to me at all. It was simply just an application error and on my end. Like I said but they do charge the hell out of you but it is still better then Paypal at the end of the day I get my money.
Reply With Quote
  #22  
Old 03-30-2010
dchef2777's Avatar
Junior Member
 
Join Date: Nov 2009
Posts: 71
Thanks: 0
Thanked 4 Times in 4 Posts
Activity: 0%
Longevity: 83%
iTrader: (0)
Default Not a problem

I keep coming back to this post....I must say 25....35....45....they keep raising the cost...Who cares really ( for me ) I would pay 200 a month if you can tell me that Im done with pay pal and I can just sell as much as I want and never worry about paypal asking for my SS number. A contract is a Contract... It sucks when you want out of one but if you read the fine print at least you know whats up. I here a lot of complaining about fee's with certain sites like Auctiva ...just pay the fee..Its worth it ( my opinion )
Reply With Quote
The Following User Says Thank You to dchef2777 For This Useful Post:
bansheezone (04-10-2012)
Reply



Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Woodforest National Bank - $1 Accounts. hitch PayPal Talk 48 02-24-2011 11:48 PM
Playoff Picks/National Championship TMiles Everything Else 9 01-06-2009 09:58 AM
national merchant bancard & merchantinc ebaysuc Payment Gateways 0 12-10-2008 06:20 AM
Anyone familiar with Zen Cart? clueless Payment Gateways 4 11-21-2008 10:50 AM
Introduction to myself sound familiar to anyone? GoodOlEbayer eBay Suspensions 4 05-18-2008 06:03 AM


Aspkin Group

All times are GMT -5. The time now is 04:41 PM.


Stop the guessing games and learn how you can quickly and easily get back on eBay today!
Read the best selling step-by-step eBay Suspension guide eBay Stealth!
Amazon Suspension? Read Amazon Ghost to get back on Amazon!
vBulletin® Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Ad Management by RedTyger
no new posts

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58