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CB Equipment Leasing and Financing Review of Merimac Capital/First American Payment Systems
Merimac Capital/First American Payment Systems

Merimac Capital/First American Payment Systems review: merchant processing

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7:28 pm EST
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Worst company on earth! don't ever sign a lease for their equipment even if the merchant processor tells you it is a month to month agreement that can be canceled at anytime. The merchant processor gave me all sorts of promises in writing and it didn't do a bit of good when they failed to uphold their side of the deal. They charged more than they said they would and when I canceled I thought everything was taken care of but no. I kept getting charged $60-$70 per month for a couple of years. I finally had enough seeing as I had already over the time paid $2694.71 for a card reader that cost less than $250 to buy. I had my bank put a stop payment on them and the next thing I know they changed the debit name slightly so it would go through and stole $2057.54 on top of what I had already paid without my approval or any warning. It seriously impacted my business as I had not budgeted for that type of a hit. When I did a search on the internet I found they had done the same thing to 100's of other people. If anyone wants to start or join a class action law suit against them let me know.

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