This company was one of several credit card companies who has taken advantage of my company by lying and scamming to defraud my business. I have gone to the local police department to attempt to file charges however they have told me this is just a civil matter. This company made promises to me that they were going to help my business save money and in face my bill almost doubled.
This has been going on for months now. I was notified by another business who has also been a victim of these predators and advised me to file a complaint. For all the small businesses out there trying to make it in this economy, do NOT choose Spoton as a processor.
They are liars, and scam artists who practice BAD BUSINESS and take advantage of us in the long run.
I am a former employee of SpotOn. I was told that upon coming aboard that I would be paid for my online training which took several days to do. This never happened. I brushed it off and never complained about it to my "appointed” director. My position was paid on via commission-style in lieu of bonuses, however taxes were taken out from each bonus I received thus my being accepted as a W-2 employee.
I was promised by my director upon signing up that after 45 days I would receive a sign-on bonus of $2,000, if I were to accumulate a total of 30 approved accounts. Additionally, I was told that after the same time frame, I would be offered medical. Neither the sign-on bonus nor the medical were provided even after I was submitting and voicing my concerns to the director.
I escalated my complaints to a manager but was told that no such promises "could” have been made because they don’t do sign-on bonuses and medical wasn’t offered until much later. I was told that my director would be spoken to, but yet again nothing came about. And so when I first signed up with this Scam of a company, I was told that in order to get business owners to sign up I would need to "bend the truth” in order to get them to sign up.
Being familiar with merchant services, I did not take to this advice but found it almost CRIMINAL that I was asked to blatantly lie to business owners (merchants). I was told by my director to target restaurants because they (SpotOn) primarily uses their own POS system and all associated hardware/software/accessories for these merchants.
The selling of selling of services came naturally to me as I have been in the industry over 15 years. However while doing "GOOD” business practices, I was chastised in the fact that I WASN’T lying or taking advantage of these merchants I was signing. That it wasn’t enough and I was going too low on rates/fees offered to them. I had finally had enough and chose to end my relationship with SpotOn.
I told my director it wasn’t a good fit for me and that I needed to move my career elsewhere. Again, when coming aboard I was told that at anytime I chose to leave the company, having no set amount of time working for them, I could request an RBO (Regional Buy Out) which meant I could sell my residual income to them, and I would receive 30-35 X the said amount of residual income. Basically, I would be paid by the company 30-35 months in advance, payable when I resigned, and I would no longer receive those residual funds in my account.
After submitting this request to my director, not only was I told that SpotOn would not comply with my request, but that I had to be paid out my residual income by way of ACH direct deposit each month and take a chance that my merchants stayed with SpotOn. I was then told that in order to keep my residuals coming I had no alternative but to submit 3 applications a month and they all needed to be approved.
It was way this point I told my director I would be filing a complaint regarding everything I had gone through since day one. He then hung up the phone in my ear but not before saying "good luck”. This was and is an absolute CON of a company to work for. They con their "employees” and they con their customers. The owners pour an endless supply of money into making it look as if they are on a straightened arrow to the general public but that is NOT the case.
I will also be filing a BBB report concerning this AND I will be notifying ALL of their clients of their deceptive business tactics. I am going to also take my complaint to the Attorney Generals office so that they see how serious I am about reporting the shady business practices they run on. I encourage all other agents/merchants to come forward and write their complaints against these scam artists, so that everyone can know just what SpotOn is doing and getting away with.
They are making millions off of the hard working general public and have no qualms about lying to them to achieve yet another defrauded business owner.
I was an employee of SpotOn Transact. I was in a horrible personal situation when I first started and they offered me a position telling me that it would be a full time commission only position with medical benefits.
I did everything I was asked to and then some. I went to the moon and back to do everything I was asked of and more. That said, I was NEVER told that I had a quota to meet. The only thing that was explained was that I needed to be out in the field everyday during certain business hours.
Each and every day my Director would call me and CONFIRM with me that I was working. I reported to him each and every time we communicated providing details of my work, with who, along with times of meetings etc.
After almost 3 months, I received a call from the President telling me that my work was below par and was otherwise unacceptable. I explained the "why" of obtaining accounts which was due to the company not providing the proper resources for me to do my job effectively and solely leaving me to take charge of a potential multi billion dollar account which needed my every moments attention for the better part of a month and a half.
That said, during the course of said time, I pleaded for some sort of executive assistance in any capacity however was full on ignored day in and day out. After reminding the President that I was left on my own he was quite rude in his response basically stating that it was not the company's responsibility to assist in the solidification of any client and that it was up to me solely.
These words were completely opposite of what my Director had told me up to that point. Furthermore, I was told by the President that I had 2 weeks to get my numbers up or they would have to terminate my employment. Not even a week later, I received a phone call from the Managing Partner and was told I had to be let go. I was told that I needed to do so and that after the Thanksgiving holiday I would be allowed to come back if I wanted to as a full time employee. I had no choice but to agree to these terms.
Here we are on the 4th day of December and I have been pleading and begging for my position back with SpotOn as it was promised to me. I have received one brief email statiung that it was going to be looked at shortly however nonetheless... nothing.
This is not the first promise to have been broken by these people and it sure wont be the last. They told me what I wanted to hear in order to let me go and hope that they would be rid of me for good. I will not resort until they feel the sting of what they have made me feel...and these reports date back the span of over a decade.
I will detail each one individually until the numbers start to add up. Each one is an actual offense so maybe both future employees as well as consumers will beware before doing business with SpotOn and what it represents. Honesty and Integrity are the company's motto. However that is what is portrayed. I am going to bring the public behind the scenes to see what the real deal is. ACTUALLY IS...and then you - the Public can form your own opinion(s).
I am sick and tired of being taken advantage of both as an employee and as a human being. It is time to fight these companies who think they can bully and strong arm you.
I am a former 1099 agent of the owners of this company ... formerly known to be Cpay and/or Central Payment Corporation, formerly iPayment LLC. Let me explain to the consumer... CONSUMER BEWARE... the owners go opening merchant service after merchant service and end up selling the company a few years down the line.
As an agent, I was personally taught how to "word" myself to business owners in Hope's of getting them to switch to SpotOn as well as the other aforementioned companies. We were told that if we did not sell business owners on the scam of switching their services to Central Payment or SpotOn then we would not get paid our dividend. I was instructed to exaggerate the offering of lowering rates and fees while in all reality this was not to be the case. I was I instructed to sell their SpotOn social networking rewards program knowing that the product was not compatible with the businesses I was instructed to pitch to.
The entire setup is a scam. I know the ins and the outs of every single fraudulent thing that is happening behind the walls and I am now going to make it known to the world. This is the 1st stop. Next is the BBB. And I am going to make sure that I spread the word like local wildfire in California which is where the company is Headquartered. People need to be warned immediately. I have lost everything because of the misleading and illegalities they teach us and have us perform while they sit back and make millions of dollars off of said clients we obtain.
The entire infrastructure is an elaborate scam but I must admit they know what they are doing. I will also point out that the owners of SpotOn have been shut down for scams in the past by the FTC and fined. However has that stopped them from continuing to do what they have been doing to the merchant sector/business owners? This entire sharade needs to be stopped immediately and I for one want people to be warned, and I am personally going to make sure the news spreads as far and wide as possible.
SpotOn Tranact, LLC. Reviews
This company was one of several credit card companies who has taken advantage of my company by lying and scamming to defraud my business. I have gone to the local police department to attempt to file charges however they have told me this is just a civil matter. This company made promises to me that they were going to help my business save money and in face my bill almost doubled.
This has been going on for months now. I was notified by another business who has also been a victim of these predators and advised me to file a complaint. For all the small businesses out there trying to make it in this economy, do NOT choose Spoton as a processor.
They are liars, and scam artists who practice BAD BUSINESS and take advantage of us in the long run.
I am a former employee of SpotOn. I was told that upon coming aboard that I would be paid for my online training which took several days to do. This never happened. I brushed it off and never complained about it to my "appointed” director. My position was paid on via commission-style in lieu of bonuses, however taxes were taken out from each bonus I received thus my being accepted as a W-2 employee.
I was promised by my director upon signing up that after 45 days I would receive a sign-on bonus of $2,000, if I were to accumulate a total of 30 approved accounts. Additionally, I was told that after the same time frame, I would be offered medical. Neither the sign-on bonus nor the medical were provided even after I was submitting and voicing my concerns to the director.
I escalated my complaints to a manager but was told that no such promises "could” have been made because they don’t do sign-on bonuses and medical wasn’t offered until much later. I was told that my director would be spoken to, but yet again nothing came about. And so when I first signed up with this Scam of a company, I was told that in order to get business owners to sign up I would need to "bend the truth” in order to get them to sign up.
Being familiar with merchant services, I did not take to this advice but found it almost CRIMINAL that I was asked to blatantly lie to business owners (merchants). I was told by my director to target restaurants because they (SpotOn) primarily uses their own POS system and all associated hardware/software/accessories for these merchants.
The selling of selling of services came naturally to me as I have been in the industry over 15 years. However while doing "GOOD” business practices, I was chastised in the fact that I WASN’T lying or taking advantage of these merchants I was signing. That it wasn’t enough and I was going too low on rates/fees offered to them. I had finally had enough and chose to end my relationship with SpotOn.
I told my director it wasn’t a good fit for me and that I needed to move my career elsewhere. Again, when coming aboard I was told that at anytime I chose to leave the company, having no set amount of time working for them, I could request an RBO (Regional Buy Out) which meant I could sell my residual income to them, and I would receive 30-35 X the said amount of residual income. Basically, I would be paid by the company 30-35 months in advance, payable when I resigned, and I would no longer receive those residual funds in my account.
After submitting this request to my director, not only was I told that SpotOn would not comply with my request, but that I had to be paid out my residual income by way of ACH direct deposit each month and take a chance that my merchants stayed with SpotOn. I was then told that in order to keep my residuals coming I had no alternative but to submit 3 applications a month and they all needed to be approved.
It was way this point I told my director I would be filing a complaint regarding everything I had gone through since day one. He then hung up the phone in my ear but not before saying "good luck”. This was and is an absolute CON of a company to work for. They con their "employees” and they con their customers. The owners pour an endless supply of money into making it look as if they are on a straightened arrow to the general public but that is NOT the case.
I will also be filing a BBB report concerning this AND I will be notifying ALL of their clients of their deceptive business tactics. I am going to also take my complaint to the Attorney Generals office so that they see how serious I am about reporting the shady business practices they run on. I encourage all other agents/merchants to come forward and write their complaints against these scam artists, so that everyone can know just what SpotOn is doing and getting away with.
They are making millions off of the hard working general public and have no qualms about lying to them to achieve yet another defrauded business owner.
Not honest person and will not return calls and was not helpful
Lies about what you can make and then has you lying to businesses with what they will save
coroorate does not seem to care
I was an employee of SpotOn Transact. I was in a horrible personal situation when I first started and they offered me a position telling me that it would be a full time commission only position with medical benefits.
I did everything I was asked to and then some. I went to the moon and back to do everything I was asked of and more. That said, I was NEVER told that I had a quota to meet. The only thing that was explained was that I needed to be out in the field everyday during certain business hours.
Each and every day my Director would call me and CONFIRM with me that I was working. I reported to him each and every time we communicated providing details of my work, with who, along with times of meetings etc.
After almost 3 months, I received a call from the President telling me that my work was below par and was otherwise unacceptable. I explained the "why" of obtaining accounts which was due to the company not providing the proper resources for me to do my job effectively and solely leaving me to take charge of a potential multi billion dollar account which needed my every moments attention for the better part of a month and a half.
That said, during the course of said time, I pleaded for some sort of executive assistance in any capacity however was full on ignored day in and day out. After reminding the President that I was left on my own he was quite rude in his response basically stating that it was not the company's responsibility to assist in the solidification of any client and that it was up to me solely.
These words were completely opposite of what my Director had told me up to that point. Furthermore, I was told by the President that I had 2 weeks to get my numbers up or they would have to terminate my employment. Not even a week later, I received a phone call from the Managing Partner and was told I had to be let go. I was told that I needed to do so and that after the Thanksgiving holiday I would be allowed to come back if I wanted to as a full time employee. I had no choice but to agree to these terms.
Here we are on the 4th day of December and I have been pleading and begging for my position back with SpotOn as it was promised to me. I have received one brief email statiung that it was going to be looked at shortly however nonetheless... nothing.
This is not the first promise to have been broken by these people and it sure wont be the last. They told me what I wanted to hear in order to let me go and hope that they would be rid of me for good. I will not resort until they feel the sting of what they have made me feel...and these reports date back the span of over a decade.
I will detail each one individually until the numbers start to add up. Each one is an actual offense so maybe both future employees as well as consumers will beware before doing business with SpotOn and what it represents. Honesty and Integrity are the company's motto. However that is what is portrayed. I am going to bring the public behind the scenes to see what the real deal is. ACTUALLY IS...and then you - the Public can form your own opinion(s).
I am sick and tired of being taken advantage of both as an employee and as a human being. It is time to fight these companies who think they can bully and strong arm you.
I am a former 1099 agent of the owners of this company ... formerly known to be Cpay and/or Central Payment Corporation, formerly iPayment LLC. Let me explain to the consumer... CONSUMER BEWARE... the owners go opening merchant service after merchant service and end up selling the company a few years down the line.
As an agent, I was personally taught how to "word" myself to business owners in Hope's of getting them to switch to SpotOn as well as the other aforementioned companies. We were told that if we did not sell business owners on the scam of switching their services to Central Payment or SpotOn then we would not get paid our dividend. I was instructed to exaggerate the offering of lowering rates and fees while in all reality this was not to be the case. I was I instructed to sell their SpotOn social networking rewards program knowing that the product was not compatible with the businesses I was instructed to pitch to.
The entire setup is a scam. I know the ins and the outs of every single fraudulent thing that is happening behind the walls and I am now going to make it known to the world. This is the 1st stop. Next is the BBB. And I am going to make sure that I spread the word like local wildfire in California which is where the company is Headquartered. People need to be warned immediately. I have lost everything because of the misleading and illegalities they teach us and have us perform while they sit back and make millions of dollars off of said clients we obtain.
The entire infrastructure is an elaborate scam but I must admit they know what they are doing. I will also point out that the owners of SpotOn have been shut down for scams in the past by the FTC and fined. However has that stopped them from continuing to do what they have been doing to the merchant sector/business owners? This entire sharade needs to be stopped immediately and I for one want people to be warned, and I am personally going to make sure the news spreads as far and wide as possible.