Tuesday, 29 November 2011

The Lies Behind The Crescent Processing Company Scam

By Tina Archer


There are so many claims and stories about the Crescent Processing Company Scam . What allegations have been leveled against Crescent Processing Company? Let's take a deeper look into the cause of the scam.

When someone signs up to become an independent sales agent for Crescent Processing Company, they receive a free laptop. This laptop is necessary for use on the field because it contains all the multimedia presentations that will be shown to merchants. The agents also had access to software that they needed to record the details of interactions with clients.

Because Crescent Processing Company processes all of their transactions through one unit, these laptops were important so that agents could process sales transactions. Protocol dictates that potential sales agents pay a $300 deposit before they can receive their free laptop. This is why there was so much confusion - people automatically assumed that agents had to pay for free laptops.

The truth is that independent sales agents are required to use the laptops; they cannot use any other laptop for their presentations and transactions. The $300 fee is a security deposit on the laptop. The amount is deducted from the first few sales earnings.

However, this still creates the impression that agents are paying for a free laptop. Keep in mind that this money is a security deposit and not an actual payment. When the sales agent decides to stop working for the company, the $300 that was deducted from his or her earnings will be given back in full.

Another story regarding the Crescent Processing Company scam involves the leads that the company gives its sales agents. Crescent Processing Company presents every agent with a list of leads, or prospective customers. All that a lead is an appointment which must be confirmed twice, that the company sets up between the sales agent and a business owner.

Unhappy former sales agents have said that they found the so-called leads to be a complete waste of time. The problem is that these leads are only a meeting - it is still up to the sales agent to present the product and make the sale. It is up to the agent to make the deal - Crescent Processing Company only sets up the opportunity for a sale.

Some companies do not provide leads at all. They just let their sales agents generate their own leads. Leads provided by Crescent Processing Company are a step further than most companies, which render the accusations against them completely false.

Some disgruntled clients have suggested that Crescent Processing Company withholds funds. In order to avoid fraud, Crescent Processing Company has a complex system of checks that are in place to protect the business and the cardholder. If something unusual is detected, the transaction takes longer to process because Crescent Processing Company needs a proof of the transaction from the business itself.

The reviews above confirm that the allegations made against Crescent Processing Company are the result of misunderstandings of company policies. When the reasons behind the allegations are understood, it is clear that all of them are untrue. Before you believe allegations of this nature, make sure that you check your facts.




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