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.   

PSi Gate the worst credit card processing company

From my friends and family I knew about many credit card processing companies. Some are good in a particular side and some are bad. But none of those companies were completely bad except one name PSi Gate. This company was the worst. According to customer service, support & fee they are the worst. They don’t have a bit of professionalism. This company just seeks some profit at any cost.

PSi Gate doesn’t provide any required support for their clients. They don’t maintain any regular contact. Even when you try to contact them they just show their back. Sometime they don’t even hesitate to behave rudely!

Now if you have a look on their fee then you will be also disappointed. PSi Gate takes a giant fee of $300-$400 for merchant account setup. Whereas other credit card processing companies take ‘zero’ amount for merchant account setup. That is really poor from PSi Gate.

Another bad thing that placed PSi Gate on the list of worse credit card processing company is their inability to approval. PSi Gate takes a handsome fee but in return they approve a small amount of merchant account. In this way their clients lose both the money and valuable merchant account!    

Don’t think of PSi Gate for a Merchant Account

Today merchant account is a real need. Such account could be provided by various credit card processing companies in home and abroad. Before you go for a merchant account you should be stay alert that you are picking the right firm.

Like if you go for a credit card processing company like PSi Gate then you will be a looser. No one can save from their scam. So always keep the name PSi Gate in your head and avoid them at any cost.

Now you may question that why not PSi Gate? Does only calling a firm scam make it a scam?

Yeah of course you have all the right to ask those questions. Here goes ma answer:

Alike any other credit card processing company PSi Gate also started merchant account processing service but the problem is they are taking a large amount of setup fee. The thing that will shock you most is that there is no fee charged by other company for setup!