Madeleine Hall-Arber on fri 12 feb 10
Greetings,
I used Chase Paymantech for credit card service under the Potter's
Council program for about a year. Being far from "professional" in
John's sense of earning my living from my pots, I found that I wasn't
using the service and terminated it. Even the modest $3.50/month
seemed silly to waste. Alas, I discovered too late that there was a 3-
year minimum, so I was charged a $250 termination fee!!! It would
have only cost $84 to continue, so my knickers are in a major twist.
This is meant to be fair warning to others who think they may want to
accept credit cards.
By the way, I've heard that Propay may be a better choice.
Happy potting,
Madeleine
madmud.etsy.com
Scot Mauldin on fri 12 feb 10
I used to use Intuit (Quickbooks) to process my credit cards. After 3
years, I realized that the monthly fees simply weren't worth it so I
called to cancel my account. They said no problem, that will be $300.
I asked when my contract was due to be up and they responded that there
is no date on the service, I would be charged the $300 whenever I
canceled the service 5, 10, 20 years from now it didn't matter. I told
them to sue me and canceled the service, closed the bank account
associated with them and haven't heard from them since. I now have
customers go online and pay me through paypal. Yes the per use fews are
a little higher but I have NO fees on the months that I don't happen to
accept a credit card.
Scot Mauldin
wild plum gallery
lexington ga
Madeleine Hall-Arber wrote:
> Greetings,
>
> I used Chase Paymantech for credit card service under the Potter's
> Council program for about a year. Being far from "professional" in
> John's sense of earning my living from my pots, I found that I wasn't
> using the service and terminated it. Even the modest $3.50/month
> seemed silly to waste. Alas, I discovered too late that there was a 3-
> year minimum, so I was charged a $250 termination fee!!! It would
> have only cost $84 to continue, so my knickers are in a major twist.
> This is meant to be fair warning to others who think they may want to
> accept credit cards.
>
> By the way, I've heard that Propay may be a better choice.
>
> Happy potting,
> Madeleine
> madmud.etsy.com
>
Lou Raye Nichol on fri 12 feb 10
It is interesting what they will try on. I just opened a credit card
facility for a non-profit, volunteer organization that I am the treasurer
of. They wanted my social security number in addition to the Tax ID number
of the chapter. I asked why and discovered that I would be held personally
responsible for any default. I said no way. We put the application through
with just the Tax ID (they said they thought it would be rejected.) It was
accepted. A little kick back was all it took, but they tried to make it
sound as if it were necessary.
Lou Raye
Lou Raye Nichol
Carbon Trapped Porcelain
919-303-5848
www.louraye.com
pots@louraye.com
-----Original Message-----
From: Clayart [mailto:Clayart@LSV.CERAMICS.ORG] On Behalf Of Scot Mauldin
Sent: Friday, February 12, 2010 4:42 PM
To: Clayart@LSV.CERAMICS.ORG
Subject: Re: Credit card servicing-fine print
I used to use Intuit (Quickbooks) to process my credit cards. After 3
years, I realized that the monthly fees simply weren't worth it so I called
to cancel my account. They said no problem, that will be $300.
I asked when my contract was due to be up and they responded that there is
no date on the service, I would be charged the $300 whenever I canceled the
service 5, 10, 20 years from now it didn't matter. I told them to sue me
and canceled the service, closed the bank account associated with them and
haven't heard from them since. I now have customers go online and pay me
through paypal. Yes the per use fews are a little higher but I have NO fee=
s
on the months that I don't happen to accept a credit card.
Scot Mauldin
wild plum gallery
lexington ga
Madeleine Hall-Arber wrote:
> Greetings,
>
> I used Chase Paymantech for credit card service under the Potter's
> Council program for about a year. Being far from "professional" in
> John's sense of earning my living from my pots, I found that I wasn't
> using the service and terminated it. Even the modest $3.50/month
> seemed silly to waste. Alas, I discovered too late that there was a
> 3- year minimum, so I was charged a $250 termination fee!!! It would
> have only cost $84 to continue, so my knickers are in a major twist.
> This is meant to be fair warning to others who think they may want to
> accept credit cards.
>
> By the way, I've heard that Propay may be a better choice.
>
> Happy potting,
> Madeleine
> madmud.etsy.com
>
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