Moneris Solutions

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Category: Business & Finances

Contact Information
Toronto, Ontario, Canada

Moneris Solutions Reviews

me@monteris April 9, 2011
Employee Treatment
Moneris treats their employee's like dirt. Some employee's work very hard and others do squat. This is April 2011 and Moneris in Toronto on the 17th floor have not paid their employee's a salary increase in many years. You put in several unpaid hours a week for no recognition. The people are not managed they is always the non spoken threat of coming in and it's your last day of work. Their way of making plan is firing people, not paying them for work done, overtime not paid, or no salary increases while they enjoy the huge bonuses of making the plan and making money. The employee's are very unhappy and that has the trickle effect. People are miserable and take it out on each other in interactions as they are frustrated. People's heads are down, no smiles, eyes are dead and many people look at your with totally no expression or utter a word. They are whipped and dead inside.
acecrystal April 6, 2011
worst customer experience, thanks to Moneris
Worst customer experience ever, all thanks to Moneris Solutions

1. Welcome program
When I applied for the service (end of Nov 2010), they promised a $250 refund from the initial $300 activation fee, which sounds nice and is supposed to be paid within 6-8 weeks of the first transaction (end of Jan 2011). However, after 6 weeks I called them and asked about the refund, they said you need to wait until after 8 weeks. Fine. Then I called them again after 8 weeks, they said you should receive a code soon to finish the refund process online. The code never came. Finally after 3 months when I decided to cancel the service all together (end of Feb), I finally got one of the agent to give me the code over the phone and then applied for the cheque on a website. Another month later (April 6th), I called again and the agent said the cheque was issued on Mar 23, but then the address was actually wrong! I don’t know how Moneris’s system work but it managed to print out wrong address when I TYPED in the correct one when I applied for the cheque. There has been so many errors and the whole delay time is ridiculours!

2. Promise never came true
Initially I applied for a wired terminal (end of Nov 2010) but then I was debating if I should apply for an internet service at my business site, or get a wireless terminal from Moneris. This agent Caesar answered my call and in order to get me use the wireless terminal but having to pay another $120, he offered two month free terminal rental fee for the old terminal and the new one. That means I would not need to pay for $30 rental for the wired machine or the $69 rental for the wireless for December 2010, nor would I pay the $69 rental for the wireless machine for January 2011. That sounds good, so I agreed to switch to the wireless terminal. The charge of $120 was immediate. However, when I got back the first month’s statement, I found that I was charged partial rental fee for both terminals for December 2010. I called and they said the process was delayed but I would not be charged for January and February instead. Fine. Then a month later when I got the new statement (Jan2011), I was still charged for the $69 rental. I called again and the same story was told, that the process was again delayed and I would not be charged for the next two months. Really. At this point given all the experiences I had with them I was already very very upset and Moneris just appeared so unreliable and unprofessional. Finally in February they no longer charged me for the rental. However, we decided to cancel Moneris at end of Feb. When I called them for the other month’s fee waiving that had never realized, they simply told me that there was nothing they could do because I will no longer be their customer. WTF. It was their problem of delaying and delaying again the waiving process but in the end I have to pay for their problem!

3. Nightmare not finish even after cancellation
As I said, I decided to cancel the service. I called to cancel before March and they said they have to charge me $300 for early cancellation. Firstly, I never knew about this penalty when I first signed up. Nobody ever told me that. But okay I should be responsible to read the agreement so I can pay for the lesson. The deactivation charge of $300 was again immediate (so efficient when they take your money!). They asked me to call UPS and return the terminal, their guy didn’t come until Mar 4th and took the machine away. That should be the end of the story and nightmares with Moneris? No. Today when I checked my bank account, I found that Moneris charged me again for the service fee and minimum MDR fee for March, after I cancelled the service and paid $300 cancellation fee!!! I checked Merchand Direct and there was no statement for March. Obviously they have canceled the service for me but they are still charging me! I called AGAIN (so tired of calling them!!!), the agent (her name is Penn) was nice but it appeared that they did not receive the terminal until March 9th and she said even I cancelled the service, I will be charged partially until they receive the terminal. (paying for the time UPS and Moneris delay getting the fucking machine? How stupid is that?) She also said that there is a mistake coz they should have charged me only partially until Mar9th rather than the entire month. She will send a note to further investigate that. She will make sure I won’t be charged in the future. But how about the money they already took? Nothing they can do. They always ask YOU to pay for THEIR mistakes.

That’s the reality with Moneris. Good luck with all their existing customers and future ones if there is any. I am done with them. Just hope to get the cheque asap and never need to deal with them again.
sdunes May 6, 2010
deactivation charge
I was a customer with Moneris Soulutions for over 10 years and was tired of the high fees and outdated equipment so I cancelled with them. My original contract did not have a deactivation fee of any kind but two days after I canceled I was charged a 300.00 fee to my account. I was told after calling the company that any new contract was now in effect. I was also pay a 2.65 % rate but if you look at your statement most charges are higher that the quoted rate. If a customer uses non qualified card(example, air miles) you could be paying an additional percentage fee. I was also being charged for internet electronic deposit fees on my back statement per debit of .65 plus the .16 item fee.
moneris April 24, 2009
unauthorzied charges
seriously i have been riped off by this moniers $300.00 for cancelling there serivice
be carfull this company.govt should step this type issues,
Rusty January 26, 2009
Unauthorized charges
We had a three year contract with Moneris Solutions to process our MasterCard and Visa payments. One of the medical associations that we belong to offered us a better rate to perform the same service. We called Moneris to verify the end date of our contract and to ask if there would be any cancellation fees if we closed our account at the end of our contract period. We weren't told of any fees. Apparently the fine print in the contract says that if you don't cancel your service during a 60 day window of time 30 days prior to the contract end the contract is automatically renewed. Then if you call to cancel you are canceling the contract early and get assessed a $250.00 fee. We have two accounts with them so our fee is $500. I tried to explain that this fee was unfair because I called to ask about cancellation charges and was not notified of the automatic renewal clause. The manager of customer service was rude and unhelpful. His final answer to me was that their lawyers have carefully checked the contract language and they charge this fee because they can. This company is based in Canada.

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