Friday, 23 December 2011

Five Things You Don't Want To Hear From Crescent Processing Company

By Carey Poole


First, the quality of Better Business Bureau (BBB) is not in equilibrium with the Crescent Processing Company (CPC). Having 300 objections in the 65,000 of the merchants, the grade of the CPC is A- which is rated by the BBB. Having this grade, it gives them a 99% approval coming from customers and it shows that they are competent enough to solve their problems.

Truth be told, the BBB delivers lower ratings to businesses that are not registered among their organizations. Like CPC, they are not affiliated with BBB which leads them garnering an imperfect score. With some investigations done, BBB is being questioned for their unjust business methods and their ratings that are false.

Next myth, they say that the funds collected are deliberately suspended from a customer. This myth is what made the CPC get more complains. Every time a credit card transaction occurs, it is immediately analyzed by CPC to check for any malicious transactions.

If CPC detects some form of illegitimacy, the transaction is immediately flagged by the company for further investigation. Whenever a transaction is involved, credit card companies claim the evidence of transaction done by the business owner, this is of course usually done in the industry. There is of course the withdrawing period and this is mostly viewed as something that can take away the funds from the customer.

The third one concerns the Crescent Processing Company as a joke because they don't have much of paper applications. A myth like this tends to give a good laugh since when they say that it is a con when there are only few written documents. In fact, CPC uses a system: electronic sign-up methods to protect the merchant.

Through the reduction of the paper documents, the Independent Sales Agents (ISA) can really do their work in making sure that the client is secured. The usage of paper documents give agents the chance to change the equipment and various other fees that belonged to a certain business firm. Having paper files, it is most likely that one would commit errors unlike when it is electronically in the laptop where is can store the information and the signature of the merchant.

The fourth is about agents who are the ones responsible to pay for the laptops given by CPC. Once someone becomes an Independent Sales Agent, the reward of CPC would include a laptop that has all the information that an agent would need in various sales transactions. Agents must make a security deposit of $300 for the laptop, since it is still the owned by CPC.

There is a deduction of $300 each month. Leaving the company would also mean leaving the laptop and of course they will have again their 300 dollars. Dates of when the laptop will be given back to CPC can be talk about.

The last myth is that when CPC says something about free equipment it is not necessarily free. A great thing about CPC is that they help merchants by giving them some free materials if ever they want to partner with CPC. The free materials that they offer are Pin Based Debit, credit card terminals, Receipt Capture and Check Service.

Payment is not necessary for the Crescent Processing Company, it will only be given if the services are to be ended. A refund is to be made if the materials are given back. When the contract between the merchant and the company is almost over, then CPC will pay for the return shipping.




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