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Intuit Payment Solutions SCAM FRAUD - $12000 lost
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INTUIT PAYMENTS RIP-OFF For no reason whatsoever, Intuit can and will hold your funds for A YEAR!!! Even if you do not have any chargebacks or disputes. So if you are a small business owner, your cash flow will be royally screwed because Intuit decided to hold your funds for no reason. And guess what? They will tell you that there is nothing you can do because it is in your agreement that you signed. They held over $12,000.00 of my money for over 12 months. Keep in mind, I had no disputes, no chargebacks on the account. They simply held the funds and kept earning interest on my money. But you do not earn any interest on the money they hold. This kind of shady practice can really put a company out of business. ============= THEY CHARGE FEES ON REFUNDS!!! Intuit merchant scams their customer like no other. Here is an example: Lets say you sold an item to a customer for $1,000.00 and it had a non-qualified rate of 5%. Which by the way they classify almost every transaction as non-qualified to charge you more fees. So you were charged $50.00 in fees for this transaction. Now, this customer decides to cancel the order. So you issue a refund of $1,000.00. Guess what? Intuit scam artists will now charge you another transaction fee of 5% on top of the original $50.00 they charged you. Now you have paid a total of $100.00 in fees alone for a transaction that you never made a dime on!!! Your net LOSS -$100.00 If you issue even if a few credits each month, these numbers add up quickly. STAY AWAY FROM INTUIT MERCHANT SCAMMERS! Lets put Intuit merchant out of business, DO NOT SIGNUP WITH INTUIT
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