PAYSYSTEMS ripping thousands of people off - GoFuckYourself.com

hornybunny · 10-20-2004, 12:16 PM

Apparently thousands and thousands of businesses on the net are being affected by these assholes and now Paysystems is sending out thousands of emails and charging small businesses fines of $200/chargeback above the $25 'handling fee'. As well, they consider merchants that refunded potentional fraud orders to be 'excessive refunding' and therefore it is 'refunding to avoid chargebacks'. Duh.

Check this out if it affects you (sorry for posting another board URL but it should be of help to some people here)

http://www.webhostingtalk.com/showth...95#post2572295

Tipsy · 10-20-2004, 12:19 PM

How much sympathy can you have? The writing has been on the wall in 30ft high letters for several months. If people chose to ignore it then they've only themselves to blame. For the most part those burnt haven't a clue enough to be in business in the first place.

TonyL · 10-20-2004, 12:22 PM

They owe use over $90k our lawyers are working on them as I type this.

-Tony

xclusive · 10-20-2004, 12:24 PM

When you see a company floundering like them and you don't act you are stupid for sticking with them...

TonyL · 10-20-2004, 12:27 PM

Quote:

Originally posted by xclusive
When you see a company floundering like them and you don't act you are stupid for sticking with them...

We were with them for over two years. I didn't see any signs they were going under it appeared to be business as usual.

-Tony

hornybunny · 10-20-2004, 12:31 PM

http://www.psaction.org/
http://www.pslawsuit.com/

mrthumbs · 10-20-2004, 12:32 PM

Quote:

Originally posted by TonyL
We were with them for over two years. I didn't see any signs they were going under it appeared to be business as usual.

-Tony

same here.. although i only lost 1/3 of what you lost.

Dont bother 'working on it' im pretty sure they have that covered.

TonyL · 10-20-2004, 12:38 PM

Quote:

Originally posted by mrthumbs

Dont bother 'working on it' im pretty sure they have that covered.

You are probably right, but I cannot just sit by and allow my money to be stolen like this. I lost $90k already another few thousand in legal fees won't matter much at this point.

I will at least have piece of mind that I tried....

-Tony

kmanrox · 10-20-2004, 12:42 PM

if it makes you feel any better i know someone who owes them more than 20k and he doesn't intend on paying them.

directfiesta · 10-20-2004, 12:45 PM

I was inquiring about a lost check !
They ' terminated" me even tough I had a written contract specifying adult sexual goods ...
Seems they made me a favor:

Quote:

----- Original Message -----
From: PaySystems Underwriting
To: [email protected]
Sent: Tuesday, December 31, 2002 3:22 PM
Subject: Re: Lost check

Re: Notice of Termination

Mr. Sucker (lol... changed por privacy reasons),

As a result of a re-evaluation of your site's content:

Pursuant to Section 6.3, of the definition of ?Event of Default? of the PaySystems Corporation Internet Billing Account (IBA) Agreement entered into among yourselves and PaySystems Corporation (?PaySystems?) for account # 41800 (the ?Agreement?), we hereby terminate the Agreement, with effect immediately. We hereby notify you that pursuant to Sections 5.2 and 6.3 of the Agreement, the whole of the Reserve Account and all Remittances, as such terms are defined in the Agreement, shall be held by PaySystems until all potential Returns, Refunds, and Chargebacks in relation to your Customers, as such terms are defined in the Agreement, are fully processed to the satisfaction of PaySystems.

Regards,

Shawn G. Forrest

Supervisor- Underwriting & Compliance

PaySystems Corp

Note : New Year's eve !!!!

Gynecologist · 10-20-2004, 12:49 PM

Don't wory, the CEO of PaySystems is putting your money to good use.

http://www.toyotaatlantic.com/Driver.asp?ID=374

TonyL · 10-20-2004, 12:53 PM

Quote:

Originally posted by Gynecologist
Don't wory, the CEO of PaySystems is putting your money to good use.

http://www.toyotaatlantic.com/Driver.asp?ID=374

Uhg

CanRX · 10-20-2004, 12:55 PM

Quote:

Originally posted by Gynecologist
Don't wory, the CEO of PaySystems is putting your money to good use.

http://www.toyotaatlantic.com/Driver.asp?ID=374

You've got to be kidding.

AnalProbe · 10-20-2004, 01:11 PM

Quote:

Originally posted by CanRX
You've got to be kidding.

Nope.

Philip likes sailing also, and I mean sailing with a 63 feet boat.

Me too... hehe.

directfiesta · 10-20-2004, 01:20 PM

Your money ....

TonyL · 10-20-2004, 02:26 PM

10-20-2004, 12:16 PM	#1
hornybunny Confirmed User Join Date: Apr 2002 Posts: 155	PAYSYSTEMS ripping thousands of people off Apparently thousands and thousands of businesses on the net are being affected by these assholes and now Paysystems is sending out thousands of emails and charging small businesses fines of $200/chargeback above the $25 'handling fee'. As well, they consider merchants that refunded potentional fraud orders to be 'excessive refunding' and therefore it is 'refunding to avoid chargebacks'. Duh. Check this out if it affects you (sorry for posting another board URL but it should be of help to some people here) http://www.webhostingtalk.com/showth...95#post2572295

10-20-2004, 12:19 PM	#2
Tipsy Confirmed User Join Date: Jul 2001 Location: See sig Posts: 6,989	How much sympathy can you have? The writing has been on the wall in 30ft high letters for several months. If people chose to ignore it then they've only themselves to blame. For the most part those burnt haven't a clue enough to be in business in the first place. __________________ Ignorance is never bliss.

10-20-2004, 12:24 PM	#4
xclusive Too lazy to set a custom title Join Date: Apr 2004 Location: Buffalo, NY Posts: 35,218	When you see a company floundering like them and you don't act you are stupid for sticking with them... __________________ I support MediumPimpin.com / Shemp's Outlawtgp.com /

10-20-2004, 12:42 PM	#9
kmanrox aka K-Man Industry Role: Join Date: Oct 2001 Location: The Gutter Posts: 29,292	if it makes you feel any better i know someone who owes them more than 20k and he doesn't intend on paying them. __________________ Crypto HODLr Crypto mining Angel investor

10-20-2004, 01:20 PM	#15
directfiesta Too lazy to set a custom title Industry Role: Join Date: Oct 2002 Location: Montreal, Quebec Posts: 29,783	Your money .... __________________ I know that Asspimple is stoopid ... As he says, it is a FACT ! But I can't figure out how he can breathe or type , at the same time ....

10-20-2004, 12:22 PM	#3
TonyL Confirmed User Join Date: Feb 2002 Location: "A measure of a man is his post count". Write that down. Posts: 900	They owe use over $90k our lawyers are working on them as I type this. -Tony

10-20-2004, 12:31 PM	#6
hornybunny Confirmed User Join Date: Apr 2002 Posts: 155	http://www.psaction.org/ http://www.pslawsuit.com/

10-20-2004, 12:49 PM	#11
Gynecologist Confirmed User Join Date: Sep 2004 Location: Los Angeles Posts: 2,184	Don't wory, the CEO of PaySystems is putting your money to good use. http://www.toyotaatlantic.com/Driver.asp?ID=374

10-20-2004, 02:26 PM	#16
TonyL Confirmed User Join Date: Feb 2002 Location: "A measure of a man is his post count". Write that down. Posts: 900