TransFirst Boca Raton Florida Review

I engaged in a merchant agreement with TransFirst in Sept 2011. At the time, I was never advised that I was signing a 3-YEAR agreement. The seriously fine print, buried in an enormous merchant agreement document was never highlighted by the representative who signed my business up for a merchant processing account. Over the past two years, the fees this company has charged for merchant services have been utterly ridiculous. In May 2013 I contacted the company, because as a small business owner (who rarely processes credit transactions) the account had started actually costing me money, as I just wasn’t processing enough credit transactions to make it worth my while. The rep (CJ) that I spoke with, advised me that I could not cancel my agreement as I was locked into a 2-year deal… if I cancelled, I would have been a $250 cancellation fee. She then advised me that she could “lower my rate”” to make it more affordable. Mind you

the whole issue is I’M HARDLY PROCESSING ANY TRANSACTIONS!!! Here is an example of my current bill: I processed one transaction this month for $55. Bill shows: MONTHLY SERVICE FEE $5.00 ANNUAL ADMIN FEE: $79.95 AU.NET MONTHLY FEE $14.95 ON RECEIPT OF PCI VALIDATION: $9.95 There were several other small fees & at the end of the day

my bill was $116.31 when I only had one transaction for $55!!! The cost of having the merchant account is more than I’m generating in revenue via credit! Nevertheless

I thought I would just bid my time until the agreement was up in Sept. 2013. So

in October I called to cancel. I was then advised I had a THREE YEAR AGREEMENT!! I asked the rep to point to the fine print where it said that

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TransFirst Boca Raton Florida Review is rated 1 out of 5 based on the reviews submitted by our users and is marked as POOR.
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