Payascash

[prepaiddays]

I know many people who just don’t use social media. I respect this choice, it is not an indicator of wrongdoing.

Did you ever get your funds from them? I'm in the process of onboarding with them now.

 

[Simon4466]

No social media presence.. If you start a startup and NO social media presence raise doubt. (Personal opinion)
May be He use fake name and created fake passport for company registration .
Very hard to catch him ....

He has both a Linkedin page (although he removed his profile picture) and a crunchbase profile so reaching out should be doable I think

 

[JohnnyDoe]

Did you ever get your funds from them? I'm in the process of onboarding with them now.

I didn’t get the funds that are supposedly blocked by their bank. I am receiving some weekly settlements since July for new sales.

 

[prepaiddays]

I didn’t get the funds that are supposedly blocked by their bank. I am receiving some weekly settlements since July for new sales.

Since then you haven't had any other issues with them? What have they said about the funds that are still blocked? Were those rolling reserve funds or just weekly settlement that was held?

 

[JohnnyDoe]

Since then you haven't had any other issues with them? What have they said about the funds that are still blocked? Were those rolling reserve funds or just weekly settlement that was held?

No news from them about the blocked funds. They were actual settlements, 6 figures. Rolling reserves are 10%.

 

[prepaiddays]

But you've received all your settlements since then and before that? So since those funds have been blocked you've received 5 figure settlements from them on time? Sounds like they may have had an issue with their previous banking partner what do you think?

 

[JohnnyDoe]

But you've received all your settlements since then and before that? So since those funds have been blocked you've received 5 figure settlements from them on time? Sounds like they may have had an issue with their previous banking partner what do you think?

I have not received any settlement before July. All what we processed until June is being held, supposedly by their banking partner. I have not seen any proof that they had an issue with that bank, which they claim they are suing.
I am now receiving weekly settlements but accounting is a mess, so I can’t exactly say what they refer to. All in all, it seems that they are taking 20% out of my money between processing fees, conversion fees, and whatever else.

 

[prepaiddays]

I have not received any settlement before July. All what we processed until June is being held, supposedly by their banking partner. I have not seen any proof that they had an issue with that bank, which they claim they are suing.
I am now receiving weekly settlements but accounting is a mess, so I can’t exactly say what they refer to. All in all, it seems that they are taking 20% out of my money between processing fees, conversion fees, and whatever else.

What rate did you agree to? Did you agree to 20% or was it less?

 

[JohnnyDoe]

What rate did you agree to? Did you agree to 20% or was it less?

I agreed 15% hoping to lower it later.

 

[prepaiddays]

I agreed 15% hoping to lower it later.

What did they say the other 5% is for? Currency conversion and settlement fees or what?

 

[JohnnyDoe]

What did they say the other 5% is for? Currency conversion and settlement fees or what?

They didn’t say anything. I just calculated it based on the actual amount of money they sent.

 

[prepaiddays]

They didn’t say anything. I just calculated it based on the actual amount of money they sent.

That's terrible did you ask them about the missing 5%?

 

[JohnnyDoe]

That's terrible did you ask them about the missing 5%?

I’m more concerned about the missing settlements at the moment. And they are not responsive, taking days for answering emails.

 

[prepaiddays]

I’m more concerned about the missing settlements at the moment. And they are not responsive, taking days for answering emails.

Are you still processing with them and receiving weekly settlements but no news about the missing settlements?

 

[JohnnyDoe]

Are you still processing with them and receiving weekly settlements but no news about the missing settlements?

Correct. And they don’t answer emails.

 

[cryptounions]

Correct. And they don’t answer ema do you still trust them?

Can anyone provide constructive advice instead of cheering on my loss?
For example by suggesting a suitable processor for my nutra/cannabis shop. $300/400k processing volumes per month, it’s not worth to scam me. I start slow to test any new processor.

so your business is really high risk. what about your cb rate?

 

[JohnnyDoe]

so your business is really high risk. what about your cb rate?

Very very low cb rate like 0.05%

JohnnyDoe said:
Correct. And they don’t answer ema do you still trust them?

I have no alternatives

 

[cryptounions]

Very very low cb rate like 0.05%

that's nothing, what's your other option now ?

 

[JohnnyDoe]

that's nothing, what's your other option now ?

I use Payofix (no 3d secure), crypto, bank transfer, cash in an envelope

 

[prepaiddays]

I use Payofix (no 3d secure), crypto, bank transfer, cash in an envelope

What's the website for payofix?