I found out that merimac broke in my two checking accounts and took -$879.41 from each of the account under lease collection. Both transactions were unauthorized and unscheduled. I never have leased anything from them and or request a service from the. How much power they have to get the money from our business accounts without authorization or consent. My bank investigated the transaction and from the internet search, we found that they were associated with appstar and/or 1st american payment processing. Be careful never do business with any of these companies.
I initially blocked the merchant services from getting to my accounts. It caused me so much pain and anger that they take a lot of fees. Infact, they were taking bankcard fees twice under the pretext that I have two businesses on the same terminal. They broke into my account using a different name which is merimac lease collection. This is fraud and it is a scam. How many businesses could legally take money from accounts just because they could break in the account?!
Now, as a result of this fraud, both of my accounts are overdrawn and won't be able to pay my business bills, not even my utilities and fuel.