Sevenpay
Complaint 329375 Details

http://www.sevenpay.com/

This above mentioned URL is the company who scammed just today, which is 3rd September, 2014.

People who are reading this please be aware, that this company is the biggest cheat i have ever in my life has encountered.

This company was also earlier knows as http://www.gspay.com/

Both the companies, has a UK Incorporation but operating from India/Pakistan. Both the companies are operated by one Person and he is an India/Pakistani.

GSPAY: Has great number of fraudulent events registered under their name, for ripping off merchants by not paying their hard earned money, that they invest there day & night to achieve.

SEVENPAY: Has repeated the same nuisance, by cheating merchants once again, because GSPAY is commonly known by many people, whose has been severe financial break down victims off them.

So it all started on August 21st, 2014 just last month, when i was searching for payment processing company on google. I landed on website called sevenpay.com. It was quite interesting as it was instant signup payment processing account. Where merchants can start processing within minutes, especially now a days people always are in search on these types account, because to save time in filling applications, signing documents and ETC.

So, eventually i signed up, and within one day i was approved and ready to start accepting from my customers.

They had a few strict Terms & Conditions that, high risk businesses, can't be given any other card brands apart from VISA & VISA ELECTRON. The Merchant Rates will be 12% Flat and a rolling reserve of 10%, which is obviously very high, and furthermore i can receive payout once i reach a threshold amount of $ 1500.00, i even agreed on that. I proceeded.

Now after a week when i reached my threshold amount of $ 1500.00, i contacted them inquiring about my payout. All of sudden they changed there terms and conditions and quickly responded that the first payout is after 14 days. When i asked how come you changed the payout date all of sudden, when on your website its mentioned 9 days in arrears.

They responded back again, well can i have the link where you see that, so i sent them the link.

Later they responded, well that's true i see the 9 days arrears payout term mentioned on the website, however the payout can't be released before 14 days. We are sorry, that's our policy.

I didn't argue much on there rules and agreed to proceed with there Terms, i waited till the day when i have already processed $2500.00 in the account.

On the 3rd September, 2014 which is today i was suppose to get the payout, i got support ticket came through, they asked please update a valid Swift Code.

I responded that from last 3 years, i have been using the same Swift Code, to make International Wire Transfers to my bank account. It never turned out invalid, and why do you say it's invalid then, and so i updated once again with the Swift Code on the support ticket to make sure that they make no error this time, well it could possibly be an error from my end, but i double checked it was the correct swift code mentioned on the account, but never mind i still provided them, with the same again.

After, i don't get response back from them in regards to my payouts, i kept emailing, i kept calling, but no responses.

All of sudden the i called there help line number, so every time i called one India Fellow picks up the phone, with worst English Language and a pathetic accent that i have ever heard in my entire life.

He responds "Sir Can i have your Merchant ID ?" i provided, then he starts doing hours of research by putting me on hold, to show what a professional setup he is got.

After like 30 minutes, he takes me off from hold, and responds. "Sir, i have created a support ticket and sent to the Accounting Department, they should reply to you any time"

So, i waited 4 hours no reply no response. I called him back again. Then the guy responds again. "Sir i am sorry, we have 2500 merchants and it's quite time consuming to reply to merchants query every time. So the accounting department, reverted there response back to my support ticket and closed it by informing the payout has been released".

I said to him, your accounting department had the time earlier to mention me that the Swift Code is invalid, and the Accounting Department even had the time to mention you the payout has been released, but he didn't had time to mention me about it, despite of 100 messages that i sent him from last 4 hours.

I also asked him, we have a Payout Release updating section on the control panel, why doesn't it shows there. He responds. "Well Sir that will be updated tomorrow".

Then i got really pissed off, and i exploded on him, by telling him what kind of unprofessional business practice they are running.

That you people, scammed earlier by the name of GSPAY And now Sevenpay. He by mistakenly accepted that we didn't scam as GSPAY, people gave false claims. When i asked what do you means you didn't scam, he quickly changed his word and continued to apologize.

So, eventually the moral of this entire blog is that GSPAY and SEVENPAY is runned by either and Indian/Pakistani guy, who claims to be in the UK, which he is definitely not. But yes they definitely have a UK Incorporation, which anyone can make a now a days.

This entire process is operated by a one man who is the biggest con artist in the world.

So i request every one to keep away distance from these 2 websites. This only prevent you people by being scammed.

Just keep blogging and reply here with all reports that any one can gather on this Scam artist.