Prime Pay Glabal |
United States |
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Consumer reviews about Prime Pay Glabal |
wonking
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Mar 12, 2012
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merchant service
Prime pay global illegimate?
Their salemen Offered flat 0.5% rate for credit card processing.
And we have to lease their machine for $399 X 48 month.
They said we going to get charged $500 plus $399/month.
Our credit card sale are $80.000. Currently pay over $2.000/month with First data-Wells Fargo.
It sounds right?
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thief watch
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Jun 10, 2012
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Prime Pay Global
Any so-called 0.5% "flat rate" is impossible. You must pay interchange, assessments, access fees which will be well more than 0.5%. The lease enriches Prime Pay Global at your huge expense, and does you no good whatsoever. You will pay out nearly $20,000 for what kind of machine? One that you can buy for less than $400???? You are being scammed.
They will put you on what is called ERR, Enhanced Recover Reduced, which will increase you total fees. Your "downgraded" rate will be 2.99%. The sales person did not tell you that many of your cards will be assessed at the 2.99% factored rate and drive your total fees WAY up. They will drive your fees up to close to $3000 and stick you with a lease for a terminal you probably didn't need in the first place. They are not a processor; they use First Data for processing.
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