PSi Gate: How hard is to get a merchant account from them?

Today merchant account is really important for any business or individual. You can’t let a moment go unused. A moment or opportunity unused means you lost probable profit. So, to comply with it merchant account provided by various credit card processing companies is really important. 

PSi Gate a so called credit card processing company is cheating with people with their merchant account service. For your information PSi Gate is an affiliated with Home Trust the role of which is also questionable in the property business. You will get the proof of their affiliation from the home page of Home Trust website which is http://www.hometrust.ca/

Let’s get back to our original discussion. Since merchant account is an essential for any business so it also opened up an opportunity for many credit card processing firms. Here how they work:

When you apply to a credit card processing company for a merchant account the company setups your merchant account and only when it becomes approved they take a reasonable charge for their service. Another thing I want to mention that they don’t take any fee for the setup.

That’s where PSi Gate scams people. They take a nonrefundable fee of $300-$400! Against that fee don’t ensure the approval of your merchant account. Because the fee is nonrefundable so you will never get back your money L   

The surprising thing is that the other credit card processing companies service for merchant account setup is out of any cost!  If you apply to PSi Gate they will waste your time and money. First of all, they will take a long time to processing your merchant account and then they won’t approve your merchant account. That’s a real shame when you don’t get a merchant account from PSi Gate after spending your time and money.

So try for other credit cards processing companies in the market which setups your marchent account without taking any money and ensures approval.