Don’t waste your money behind PSi Gate

PSi Gate is a so called credit card processing company which is owned by another blacklisted firm Home Trust. Their websites are http://www.psigate.com/ & http://www.hometrust.ca/ respectively. One is polluting the property business & the other is looting money while credit card processing.

No company on this earth takes money for setting up merchant account for their clients but when it comes to a bad credit card processing company like PSi Gate that is an anomaly! They behave like that there is no other firm who are as skilled as them. So when no credit card processing company takes any money, PSi Gate take a huge amount from their merchant account applicants!

It is just a starter. The next thing that they do is not approving the merchant account. Finally they refuse to refund the money. PSi Gate so lame. They don’t have any eligibility in this field. I don’t think that any other firm takes such an odd fee! Believe it or not the fee is for merchant account setup!

Usually a merchant account fee is not a custom. But PSi Gate take it to ensure that when they will fail to approve merchant account, the money will stay in their pocket. 

Learn About PSi Gate Scam

Scams from PSi Gate are nothing new today. PSi Gate & its owner Home Trust both are already have high notoriety. They are doing such mean works in two most important field of the economy. One is credit card processing and the other is in house mortgage. They know that big amount money is being transacted in those fields. That’s why both of those greedy firm which are also affiliated with each other targeted these fields.

PSi Gate & its mother firm Home Trust both are doing great harm to us. If you invest your cash behind any of these crooks then the will just suck it up~! And yet you won’t get any real service from them.

If you take the most common example in your hand then you will understand this. There is no fee such as merchant account setup fee. When you will go to PSi Gate you will see that they are taking $300-$400 from you! And it’s only for a single merchant account setup. In addition it is refundable. That means if you merchant account doesn’t get approved you will not get your money back!

This scam will be clearer when you will go to any other credit card processing company who provide merchant account without taking any setup fee!

The reason you shouldn’t go for PSi Gate

When you are looking for a merchant account you shouldn’t consider PSi Gate. They will take your money but won’t give you any merchant account. Not only that. They will not also give you the money back!

1.     

    PSi Gate take fee for merchant account setup:

The very first reason behind not to choose PSi Gate for your merchant account is that they imposed a fee for merchant account setup which is really strange (or illegal). Merchant account setup is free when you take any other company for example but PSi Gate will take at least $300 from you. Sometimes they don’t hesitate to take up to $400!

2. 

     Then PSi Gate don’t approve merchant account:

In this period of recession $300-$400 is not a small amount. PSi Gate is taking the money but in most of the cases they are not approving the merchant account. In comparison to other credit card companies their approval rate is quite low. Whereas the other credit companies approve almost 100% merchant accounts! 

3. 

     Finally no money back from PSi Gate:

When you pay someone and that person fails to give you the product or service that you have paid for; refunds the money. It’s a custom and law. But PSi Gate violate this repeatedly. They don’t give back the money to its owner when they don’t even approve the merchant account.

Finally, if you deal with these crooks for merchant account then you will be a double looser.  

There is No place for PSi Gate!

PSi Gate should be kicked out from the credit card processing company due to their works full of scam. They are just a greedy credit card processing company; nothing else. Their official site is http://www.psigate.com/

PSi Gate is affiliated with Home Trust which is actually the owner of PSi Gate. As well as Home Trust, PSi Gate is also a scam. I you notice the homepage of Home Trust which is http://www.hometrust.ca/

 You will see the proof of their affiliation.

The fee charged by PSi Gate is really high which is about $300 to $400! Most of all this is unacceptable because they take the fee for merchant account setup. The truth is that no other firms take this kind of fee for merchant account setup. If you apply to any other firm for merchant account setup then you will get your account with a single buck!

Also other firms will surely approve your merchant account which is quite unpredictable in the case of PSi Gate! The past record of PSi Gate is really bad which shows that PSi Gate didn’t approve merchant account or refund money.

Regarding this the wise decision is to boycott Psi Gate & pick any other renowned credit card processing company which gets the job done without taking any additional fee.

Reckless service from PSi Gate

The service provided by PSi Gate is totally reckless. They don’t have any concern about their client’s time and money. Once I dealt with them and I felt the heat. They cost me both my time and money. Even after making such sacrifice for the sake of merchant account, PSi Gate didn’t approve my merchant account!

I didn’t find any difference in PSi Gate from other typical scam. Like other scam PSi Gate just wants to consume the money by the name of their skilled service.  When it comes to show some real work you won’t get anything from them but yet they will totally consume your cash!

In detail PSi Gate takes an irregular or strange fee of $300-$400 for merchant account setup. That has no validity at all because there is no proof from other companies to charge such a fee! If we take the service for any other credit card processing company then you will see that such a fee is totally absurd.

In addition such a fee doesn’t make sure that you will get your desire merchant account. There are many examples of denial by PSi Gate even after taking the fee. So they should be omitted at any cost.