GoFuckYourself.com - Adult Webmaster Forum - View Single Post

PhounTho · 07-23-2005, 01:17 AM

OK, so I signed up for a "no set up fee" high risk merchant account through ECS Commerce, and was promised no annual fee. Other account vendors at the time (April 2005) were making similar offers. In fact it was through a GFY post that I got connecting with ESC Commerce. The bank I was set up with is Woodforest.

Now, out of the blue, they shut off my merchant account, b/c they say they now have to collect the high risk merchant fee of $500 per year.

Has anyone out there had a similar experience?

07-23-2005, 01:17 AM
PhounTho Confirmed User Join Date: Jul 2004 Posts: 157	Merchant account fees (bait and switch?) OK, so I signed up for a "no set up fee" high risk merchant account through ECS Commerce, and was promised no annual fee. Other account vendors at the time (April 2005) were making similar offers. In fact it was through a GFY post that I got connecting with ESC Commerce. The bank I was set up with is Woodforest. Now, out of the blue, they shut off my merchant account, b/c they say they now have to collect the high risk merchant fee of $500 per year. Has anyone out there had a similar experience?