Vender Services Ltd. is the former PPAY Inc. run by the canadian David Philip Webb aka Philip Arcand who spent many years in custody FTC Case No. C01-1593P for running credit card scams.
In our 18-years business time, the worst decision by far, to sign a contract with this people (A contract that they have not fulfilled at all), they have done incredible damage to our business.
In the beginning, they are very friendly and make you believe everything. But once you sign the contract, they become rude and do not know anything about dealing with the clients.
- We have never received a single cent from them since we signed the contract.
- We had to pay 1500 USD for setup fees.
- When I thought their gateway was working, their gateway had a very high decline rate, as a consequence, many of our clients have left us, including clients that were fixed for years. These rejections we believe are due to their illegal business practices. They offer credit card processing services to illegal companies like unlicensed online pharmacies and other illegal high risk businesses. It seems to me that banks and card networks have red flagged their companies, that's why they frequently come up with new companies in different countries to hide their fraudulent business scheme. They sign up for STRIPE.COM accounts and they behave like a legal merchant but they give access to other companies, making charges on the credit cards of other clients. This is called credit card factoring and it's illegal. For example, when we had started with them, the charges made on my customers' cards appeared in the name of a company called KHITOMER.CA and later PPAYINC.COM. This resulted in many confusions because the clients did not know where the charges had come from.
At this moment, they have us retained more than US$ 70,000 and they of course no longer respond to emails, skype, anything.
The same thing that other merchants describe on the web has happened to me. I hope this review helps you get away from these individuals.
If you are reading this, it is because we have not received a single penny from David Philip Webb aka Philip Arcand who is also the owner of this new company called Vender Services Ltd.
I will do everything possible and impossible to recover our money. I'm in talks with my lawyers and the law enforcement and criminal investigators to take legal action against these criminals. For more informations please search the web for PPAY Inc. and Generaldynamicx.com both companies have been registered by the same Canadian who spent over 10 years in custody for running the same scam scheme as described above. He will take your funds and freeze your "merchant account" for no reason and run off with your hard earned money. AVOID!