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Merchants Terrorized By Rampant Scare Tactics

17 December 2009 No Comment

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The scam Recently, it has been reported that merchants are facing a new threat in the form of unethical credit card processing salespeople. These salespeople resort to unethical methods in order to garner more sales. It is believed that this is a rampant occurrence in Springfield where a company hires people to “force” merchants into switching their credit processing companies. Banks and credit card issuers who found out about this claim that these acts are not illegal but merchants are crying foul over the lack of ethics displayed by the salespeople in question.

Getting a foot in the door Why unethical, you ask? Consider this: Samantha Rushing, who owns a tanning salon, nearly got scammed recently when she picked up a call from a woman who claims that she was representing Visa and MasterCard. She claims that the person at the other end of the line purportedly said that the salon owner’s terminal was overcharging customers. Not believing her in the least, Samantha tried to end the conversation but the sales representative was adamant in visiting her establishment to check out her terminal. When she arrived, they couldn’t find a single problem with her credit card terminal but the salesperson tried vehemently to persuade her in changing her credit card processing company.

Be warned Along with Samantha, many other merchants have been inundated by calls and not-so-friendly visits from credit card processing companies. Authorities warned merchants not to fall for this trick and instead, asked them to be on high alert for such shady individuals. They should also be doubly careful about those who tamper with their terminals or try to use scare tactics in order for merchants to sign up with their credit card processing company. Merchants should also be wary about being forced into signing a contract they have not read or rushing headlong into something they are unsure of.

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