Merchant Credit Card Processing Services
based on 0 reviews.
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BCA's Summary and Analysis:
We have received no complaints against this company.
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Complaint Closing Statistics
This company's business is providing credit card processing services.
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Agency: Federal Trade Commission (FTC)WashingtonDescription:
On July 29, 2022 the Federal Trade Commission (FTC) filed a complaint against First American Payment Systems and two of its sales affiliates for targeting small- and medium-sized businesses. The FTC alleges that the company made false claims about fees and cost savings to lure merchants. After the merchants were enrolled, the company withdrew funds from their accounts without consent, and made it difficult and expensive for them to cancel the service.
A proposed federal court order requires the company to return $4.9 million to harmed businesses, stop their deception, and make it easier for merchants to cancel their services.
Full details of the Complaint and Stipulated Order are available on the FTC website.
We have no further comment about this company's business practices or analysis of its offer that may assist you in your consideration of this company.
We know of no other matter or practice relating to this company that may assist you in your consideration of this company.
BCA has no information regarding advertising review at this time.
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