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-   -   PAYSYSTEMS ripping thousands of people off (https://gfy.com/showthread.php?t=374807)

hornybunny 10-20-2004 12:16 PM

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

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. :2 cents:

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

:1orglaugh 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


:1orglaugh Uhg :ak47: :firehair :BangBang: :feels-hot

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 ....

http://www.motorsport.com/photos/atl...lb-em-0412.jpg

TonyL 10-20-2004 02:26 PM

:mad:


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