Innovative Merchant Solutions

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Category: Business & Finances

Contact Information
Woodland Hills, California, United States

innovativemerchant.com

Innovative Merchant Solutions Reviews

Christopher - NJ June 25, 2011
abusive practices against merchants
Don't deal with this company if you own a small business. There are plenty of other vendors. We signed up with them (I think through QuickBooks) to take credit cards. They pull my credit report - in duplicate - on a recurring basis (not a new account). They managed to drop my score from 774 to 764. Unless you want to give up 10 FICO points regularly, I would shop elsewhere.
Rumble June 20, 2011
I got a termination fee of $295 and growing
A salesman came in my store one day in Sept 2007 and said I could try out his credit card processing company. Said their rates were cheaper than BAC and I should just sigh up and it costs nothing, no risk.. well they called back and programed my card processing machine October 1st 930am 2007.to start their processing my cards. Well on October 7th I got a charge for September when I was with another company BAC. Of course there were no transactions, so they charged me $35.00. I called them back and said they made a mistake, and they couldn't care less. So I canceled that day, after 7 days, and I got a termination fee of $295 and growing. Will never pay and would love to be involved in a class action suit...
Chris S May 24, 2011
Unauthorized Charges
A salesman came in my store one day in Sept 2007 and said I could try out his credit card processing company. Said their rates were cheaper than BAC and I should just sigh up and it costs nothing, no risk.. well they called back and programed my card processing machine October 1st 930am 2007.to start their processing my cards. Well on October 7th I got a charge for September when I was with another company BAC. Of course there were no transactions, so they charged me $35.00. I called them back and said they made a mistake, and they couldnt care less. So I canceled that day, after 7 days, and I got a termination fee of $295 and growing. Will never pay and would love to be involved in a class action suit...
Dee Gee April 16, 2011
Questionable Business Practices
This company has the worst customer service I have ever experienced and I am more and more convinced they are operating some kind of scam. Through my use of Intuit Quickbooks I was referred to an offer to get a free merchant account called Intuit GoPayment that turns out to be run by this company which is a division of Intuit. The offer (through an Intuit website) was for a no-monthly-fee merchant account with a free card reader to use with iPhone. The processing fees were competitive and it seemed to be a good deal. I signed up and promptly got a charge of $60 on my bank account. After numerous calls wherein their people professed to no knowledge of the web offer I got to a supervisor who, when informed I had a copy of the web page including the offer and small print, admitted they had had problems with the launch of the offer and refunded the fee and sent me my free reader (which was something else they hadn't done). The next month I was again charged a fee - this time stated as my monthly merchant fee. I called and emailed numerous times and was eventually told they had made a mistake and processed my account as a full merchant account. They closed the account and promised to refund the fees charged. This was six weeks ago and I still have no refund after numerous calls and emails. DO NOT BE TAKEN IN BY Innovative Merchant Solutions or Inuit GoPayment. Either they are so poorly organized they don't have a clue what they are doing or they are banking on people not noticing the fees they apply to free accounts. Either way IMHO they are not to be trusted with any financial arrangement.
Dundee February 11, 2011
Avoid them
If you are in the market for a credit card processing company, I would strongly suggest that you avoid Innovative Merchants.

My experience with them was far from satisfactory. The online business which I started never took off, so I never had any charges processed through Innovative Merchants. I was being charged a monthly fee, plus in December, an additional $75 was assessed as an annual maintenance fee. One wonders what they were maintaining considering that no credit card charges were being processed by them.

At that time, I notified them that I was closing my account. At no point did anyone tell me that I would be charged $295 for closing the account. In early January I noticed a charge from them for $295 directly deducted from my checking account. When I phoned the customer service department, I was told that it was a closing fee and that it had been stated in the application which I had submitted one year ago.

The two customer service people I spoke with were very rude and told me I had no recourse for reversing the charge. Again, it makes you wonder what they could possibly have done to warrant a charge of $295.

I then submitted a complaint through the Better Business Bureau, which achieved nothing.

I can only warn other people who may be considering dealing with this company to think twice about it as it is not a reputable company.
Tabbyloso February 3, 2011
Rip off
This Company is horrible they charge you $295 without telling you and claim its on your contract from 2years ago! I am taking them to small claims court asap dont trust them. They also set us up with a account that we did not request. The customer service do not tell you any information about your account and its a price to pay when you deal with this company. I found the corperate office is in California 650-944-6000 you can report them on CNN IREPORT. This is a fruadgulent business and they should be shut down asap ! thank you for reading
glass lady January 26, 2011
fees
Sales person put in writing that there would be no back end fees, no hidden charges only a monthly fee of $7.99. I was charged 24.95 per month plus $75.00 annual fee and when I questioned their charges and filed a complaint with The Better Business Bureau, they closed my account and charged me $295.00. I can't believe that Intuit is part of this, I always thought Quick Books was a good business, but QB is Intuit and Intuit is the one that Innovative Merchant Solutions is saying they represent.
Monymus January 12, 2011
Stole money from me
Innovate Merchant Solutions has 2000 dollars from a stolen machine that wasn't batched and refuses to give me my money. I will be taking them to court! On top of that, they charged me fees after I went bankrupt and faxed them their required paper work saying I was out of business. They just claimed they never received it and continued to send me bills for years. If you want to take credit cards, I wouldn't go with this company. They have horrible service and inflated fees. Please do yourself a favor and look elsewhere

Good luck with this company, I faxed and sent certified letters -- they claim that they never received any of them.
Dice December 1, 2010
Charged me a faulse charge
The company innovative merchant solutions is trying to charge me added on fees after I was clear of my account, a year ago! I am not a sucker and will pursue a transparent responce and do my best to shut these people down. I am done with the scam artist, get rich off the fee's people and there dis honest crap.They will try and destory your credit and keep you from buying anything.If anyone is experiencing these rip off artists please take the time to fill this out because they will undergo audits till they shut the doors. Though times means tough times, and I am not in the buisness to pay red line profits to some sunken ship.
Joan Hibbert August 25, 2010
Faudulent Account and Charges
Fraudulently opened account, billed us for charges for this account even though we have never used their service and or gave confirmation for account.

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