What Are Other Merchants Saying?
Here at CPO, we review every comment that we receive from our readers, and sometimes we see merchants mention a topic that isn’t covered in our reviews. To help you stay on top of the trends and issues in the credit card processing industry, we’ve gathered the following merchant complaints posted to CPO during July and August. If you would like to respond or add your thoughts to any of these comments, please follow the links to the original comments and reply to them directly, or leave a comment of your own below the appropriate company’s review.
Square Cash Users Are Getting Scammed
Over the past few months, we have received multiple complaints below our Square Cash review that describe two separate Cash app customer support scams. Here are a few descriptions of the first scam, which involves Google Play prepaid cards.
Here’s Rosa’s July 7 complaint:
i have a question to anyone that may have had an issue that i am having with square cash. 175 was to be deposited into my checking by the end of the day on Friday july 6. after waiting all day i called square cash spoke with eric he said that there was a problem with the sever however he could process a refund that would take about 120 days because the amount had to be over 300.00 before they would be able to do a refund the same day. Per eric i needed to go and buy a google play card for a 125.00 to make up the total of 300.00 and he would guarantee i would have the total of 300.00 within a couple of hours. This was around 6 yesterday. Stupid me i did as requested in fact eric call me twice while i was in walmart. i came home and called him gave him the needed information from the per paid card
after about 3 hrs i call back he was gone for the day but i was guaranteed that my money was on it way.
as of 8 am this morning i still do not have my money. now when i talk to eric he said that my cashme out account had been compromised and he could not place any money in to that account.
please read what i am about to say very closely they now want me to give them an additional 200.00 and i would be refunded a total of 500.00 i yelled at him and told him there is no way i am going to give them one dime more i would be filing a complaint on monday with the US Trade commissions and the New York attorney general he said good luck and hung up but call me back to see if i
changed my mind. i know this sounds made up but all is true as far as i can tell square cash is a legitimate company. I think there maybe people who are scamming customers. possible without the company knowledge
And Beri’s July 27 complaint:
sent to Cash App: I have tried to get ahold of you guys multiple times. What you are doing is wrong.
I am business owner my client used her cash app card at my business. I refunded her, her money. That was July 20th. It has not been sent back to her back. What is going? How can her money just be floating around in cyberspace?
Why is there no number to call you. You need to hire people and be professional this is a money transaction site.
–Now This is what happened to me since your company is not doing what it should in terms of having a customer service line. Your “emails” are not cutting it.
So ultimately what happened to me was I found a “Cash App” contact number and spent 4 hours on the phone trying to figure out where my clients money is. “You” asked me for my credit card information, was told I need to put $350 on a google play card and that once it was received my client would receive the $650 owed and in addition the $350.00. Well they never put any money back. So “Cash App” stole from me. Also I then started to notice that money was taken out of my personal cash app account without my consent and my banking accounts were completely depleted. So now my personal banking accounts are at 0. There were over $3,000 that was wrongly taken out!!!!!
I need you to refund my clients money of $650.00. I also would like to be compensated for you not having a phone number and me having been forced to call a fake number because you don’t have one. This is crazy. I will be reporting you to bbb and the FTC, and posting negative reviews across the internet. I will also take legal action if this is not dealt with.
And Ashley Lynn Robinson’s August 1 complaint:
The Same thing happened to me they got 357 dollars out of me had me purchase a Google play card and cash app still haven’t investigated it’s been 2 weeks cash app said that they are a we’re of this but the haven’t warned customers are paid me back
And Tip’s August 13 complaint:
I recently tried using my cas app are for a transaction and it denied it in which I had the funds on the card. I called cash app support & they responded saying Amy account has been hacked & informed the to go to a local Walgreens and purchase a $50 Google card and give them the14 digits off back to unlock my card. I responded no I will not purchase a card to get my own funds I will go to the nearest police station. After that conversation my card started to work. I felt as if it was an employee that was trying to hack my account.
How Does This Square Cash Scam Work?
It appears that scammers are posting fake Square Cash customer service phone numbers that appear in Google search results. When Square Cash users try to contact Square Cash, they find these fake customer service phone numbers and call the scammers instead. The scammers are smart enough to know that Square is notorious for holding funds, so they can expect that Square Cash users are calling about their frozen funds. The scammers then pose as Square Cash and tell the Cash app users that they should send in a Google Play prepaid card in the amount of the held fund to get the full amount released.
Be aware: no payment processor should ever ask you to send in a prepaid card in order to secure the release of a withheld transaction.
While researching this scam, we searched Google for “cash app support phone number” to see what these merchants might have seen. Here are the results we saw:
The first few results are legitimate Square customer support contact options. However, Square Cash does not provide a public customer support number for users to call. This means that users who visit the Square Cash support site in search of a phone number are likely to leave. Instead, they might click on the search results that are further down on the page, from websites like Eventbrite.com, TripAdvisor.com, and MarketWatch.com. None of these websites are affiliated with Square, and most of them have nothing to do with payment processing. In fact, we took a look at an archived version of the first EventBrite result just to see what was listed:
This is a blank post. It has nothing to do with Square. Its only purpose is to appear high up on result pages for Google searches about Square Cash, and it appears that the people who make these posts delete and re-post them to Eventbrite every day. Do not fall for this.
Another Square Cash Support Scam
As we mentioned above, we have received reports of two different scams preying on Square Cash users. The second is described in the following complaints.
Here’s Stephany Hasberry’s July 24 comment:
Tried to cash out and someone took the money from my account first and then made it look a deposit, so really it was a wash. They took the money. I was unable to get thorough on email..found a phone number and the person on the other end wanted control of my device. When I refused, he told me to go fuck myself. A friend of mine has had 3,000 taken from her with no resolve to date! Huge scam
And Yvette’s June 29 comment:
DO NOT USE CASH APP!!! if your money doesn’t go through you will never see it again!!! and there is absolutely no one to call!!!
DO NOT CALL THE CASH APP SUPPORT NUMBERS ON GOOGLE SEARCH ENGINES!! They are scammers, looking to remote onto your computer to steal even more from you!
This scam appears to operate in a very similar fashion to the Google Play prepaid card scam. In this case, though, the scammers pose as Square Cash and offer to fix your issue by remotely accessing your computer. This is an extremely dangerous type of scam. Once you let someone remotely access your computer, it is possible for them to steal all of your personal data. A payment processor should never ask for remote access to your device.
We Hold Square Partly Accountable
It is important to note that Square has no affiliation with these customer support scams. These are opportunistic third parties who are taking advantage of Square’s large user base and poor customer support options. However, it seems obvious that these merchants would be less likely to contact unverified third parties about their withheld funds if they had access to prompt, reliable phone support. Square’s poor customer support policies are the main reason why neither Square nor Square Cash has an “A” rating on CPO. These reports certainly don’t improve our view of the company.
Here is a list of all of the official ways to contact Square and Square Cash.
Your Sales Agent Can’t Save You
This company is highly unethical. I original signed up as a reseller to add another offering to my clients. I should have done far more research on research on Rep Payments. Their “sales manager” Alphonso is a fast, slick talker and after completing an application with one of my clients alarm bells started ringing immediately. To protect my client as best as possible I completed the rates in the contract based on the quote Red Payments prepared for them. I had a feeling they would insert different rates than what the quote was based on. I also did not have my client complete the lease section. After sending in the paperwork without my client inserting his SS# they still activated his account. Right then and there I knew they were Boiler Room wannabes that didn’t care about their clients or resellers. I immediately had my client cancel their service and return the equipment within the 30 day time period. Red Payments is still deducting money from the client and of course customer service nor Alphonso have replied to my emails or calls about refunds and ensuring the service is cancelled. Total frauds. run as fast away as you can.
If Jay is to be believed, then he really did try to give his merchant the best deal he could. Unfortunately, even the best intentions are no match for the ironclad contract terms in the merchant services industry. This is an important lesson for merchants to understand: once your sales agent hands in your merchant account application, they have very little control over what happens to your account. A processor acting in bad faith can execute the contract more or less however they want, and it’s up to you to take them to court over extreme allegations such as forgery. If you’ve been suckered into a bad deal, you should still ask your agent to see what they can do. If their hands are tied, however, you should either consult a third-party fee reduction service or cancel the merchant account.
Watch Out For Old Accounts
I had been using securepay to process credit cards for my small business. In 2013 they closed my account and opened a new account, supposedly with better terms than my previous account. As a busy business owner I hadn’t been watching my account as carefully as I should have, but recently I noticed that there were PCI fees being taken from my checking account 3 times a month on a monthly basis in the amounts of $59, $15 and $15. $89 a month for the past 2 years.
This didn’t seem right to me, since I had been completing the PCI compliance forms quarterly as required to stay pci compliant. So I contacted securepay and was informed that these fees were charged based on my account that was CLOSED in 2013. They claim that I logged in to the closed account and attempted to process a card, which I according to them, jump starts billing to the closed account. I never requested to re open this account and was not notified that there would be new charges.
For 2 years at this rate that’s over $2000 that was taken from my account, without my consent, from an OLD account who’s contract is no longer valid. So you’d think they’d apologize for their mistake and refund my money right? No, they refused to return any of the funds that were basically stolen from my account beyond 60 days. They drained $2136 from my account over 2 years (if my numbers are accurate) and have offered to refund $150 of it.
Their reason being I didn’t tell them soon enough. Be aware of this company and watch your bank account. They can’t be trusted and are unwilling to do what is right even knowing they are in the wrong.
This is a rare occurrence in the credit card processing industry, but it is something we still see from time to time. If you process a payment through a previously closed merchant account or through payment processing software such as a virtual terminal, the provider will usually take that as a green light to resume billing you. And, predictably, most providers won’t go out of their way to let you know that they’ve started charging you again. Any time you cancel a merchant account and move on to a better-rated provider, be sure to return or reprogram all equipment and delete all software from the devices used with the previous processor. After all, you never know when an unsuspecting employee could use the wrong login information and rope you into another payment period.
Some Good Advice From a Fellow Business Owner
Fortunately I’m one of the lucky ones who managed to get out of my contract early on however I still read the reviews and horror stories and can’t believe that this company continues to treat people like this. From my own research I’m not aware of a single case where RMS have taken a customer to court so treat any threat with the contempt it deserves – they are simply bullies. Stick to your guns and work on the basis that the contract was mis-sold to you. Don’t attempt to speak to anyone at RMS by telephone and don’t bother with emails. Demand that all correspondence is in writing and make sure you send letters to them by Recorded Delivery. Copy in all correspondence to the actual card provider, in my case Elavon, and also copy in your local Trading Standards office and Milton Keynes Trading Standards.
The effort is worth it – believe me.
Although Boaty is writing about a UK-based payment processor, this advice is practical on any continent. Demanding all correspondence in writing and using registered mail are two great ways to create a paper trail to protect you in the event of a legal dispute. Some processors in the U.S. (such as Northern Leasing Systems) are bloodthirsty enough to take merchants to court, so it’s especially important that you document everything and send copies to the proper authorities. You can also create pressure on a provider acting in bad faith by following the appropriate steps for reporting a bad credit card processor.
Have you had an experience that you would like to share with these commenters? Reply to their comments and you may be featured in next month’s complaint roundup!