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Showing posts from November, 2018

Review of Paymerica / Paysafe Merchant Account Services CAREFUL

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Be very very careful before signing up for credit card processing with these companies: Paymerica or Paysafe. You will pay HUGE credit card discount rates that are hidden from you - if you charge business or international credit cards you will pay 7.9%!!! Not to mention - let's say you don't charge any credit cards for one month. What is their fee? $76.95! yes - for no processing at all they will charge you that in addition to any internet payment gateways that you have. Most people like me probably want to signup for a credit card place with 2.7% discount rate or better. That's what I did with this company. It looked like on the monthly statement that was what was happening. However later I noticed that my total discount rate did not match at all. I about passed out when I later found out what their true discount rates are: They also will try and charge you a "Enhanced Security Package" without any notice of $189 a year. This is their official discount