The most trusted and popular consumer complaints website
Explore your opportunities! Create an account or Sign In

Merchant Service / Withdrew unauthorize money from my account

1 Knoxville, TN, United States Review updated:
Contact information:
Phone: 1-800-678-8666

After about 6 months in business i found a Merchant Service with outstanding prices so i switched. My old service merchant Ladco Leasing told me that they will continue to withdraw 36.33 each month until July 2010 because of a 3 year contract for the credit card swipe machine. Another year passed and so i contacted them because with the economy the way it is 36.33 was alot for me. Ladco told me that no matter if i send the machine back or if i close my account they will find me and continue the withdraw till 7-2010 and they did. 5-2010 i call again and they said that the last payment they will withdraw is 7-2010 and at that time they will need the machine back or pay an additional 150.00 for the machine. I unfortunately lost the swipe machine by now and told them that i had no choice but to pay the $150.00 for the machine. Now 8-2010 the Debit continued. 11-22-10 i call to see how many payments are left on the balance of the machine and the Rep. told me they didnt know i wanted to cancel the account so, now she would need an addictional 150.00 for the machine. I told her i had understood that the last several months you withdrew my account was to pay for the swipe machine. Stephanie said no i should have called them before to stop the withdrawals, so i asked for a copy of my contact and she said " No i will not send you a copy you will have to subpoena us by a judge to get your copy. So, now with no choice i had to aurthorize another 150.00 withdrawal to stop any additional payment. I recommand you use a different merchant service besides Ladco Leasing. $1300.00 for a swipe machine? Now i know that other service merchant do not charge at all for a swipe machine.

Sort by: UpDate | Rating


  • Lu
      4th of Mar, 2011
    0 Votes

    We will start the class action suit. Now we are gathering more people.
    Please be a part of us and contact me at 858 568 5865 or
    You are not alone. Don't give up.
    If you have been scammed by Payment systems, Azura or Ladco, please contact me.

Post your comment