Amex Merchant Account

dino · 03-22-2007

I have known some issues regarding this Amex Merchant Account. A member complained about the mistake committed by Amex. Her account was closed due to fraud transactions she never made. Due to this, almost 90% of the amount on her account was taken by Amex.

I think this is another fraud scheme. Does anybody heard of any problems with Amex such as this? This should serve as a warning to everyone.

qaswer · 03-25-2007

Quote:

Originally Posted by dino

I have known some issues regarding this Amex Merchant Account. A member complained about the mistake committed by Amex. Her account was closed due to fraud transactions she never made. Due to this, almost 90% of the amount on her account was taken by Amex.

I think this is another fraud scheme. Does anybody heard of any problems with Amex such as this? This should serve as a warning to everyone.

This is the very first place where i heard about something about them . I think there will be some misunderstanding and problem should be solved . All Merchants hold all amount or more often disputed amount but it doesn't mean that all you money will be gone .

**onlineexperts** · 03-29-2007

Where were you able to read this news? What happened to the case later on. I really think that AMEX should have just frozen her account instead of taking 90% of her funds.

Jus_tin · 05-09-2007

Even i have come across such a happening. This really wierd never heard of anything like that.....

03-22-2007	#1 (permalink)
dino Junior Member Join Date: Mar 2007 Posts: 20 Rep Power: 0	Amex Merchant Account I have known some issues regarding this Amex Merchant Account. A member complained about the mistake committed by Amex. Her account was closed due to fraud transactions she never made. Due to this, almost 90% of the amount on her account was taken by Amex. I think this is another fraud scheme. Does anybody heard of any problems with Amex such as this? This should serve as a warning to everyone.

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03-29-2007	#3 (permalink)
onlineexperts Banned Join Date: Mar 2007 Posts: 111 Rep Power: 0	Where were you able to read this news? What happened to the case later on. I really think that AMEX should have just frozen her account instead of taking 90% of her funds.

05-09-2007	#4 (permalink)
Jus_tin Junior Member Join Date: May 2007 Posts: 21 Rep Power: 0	Even i have come across such a happening. This really wierd never heard of anything like that.....

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