Funder wont pay commissions owed...Any Ideas? They are a ISO claims direct funding
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  1. #1
    Karen37a
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    Quote Originally Posted by Lmonus View Post
    If you haven't seen them in a bank statement they are not a funder. Period.
    New brokers or smaller independent ones would have no way of seeing who is in bank statements or not

    I still have never seen PayPal in statements for some reason...does not mean they do not exist

  2. #2
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    Quote Originally Posted by Karen37a View Post
    New brokers or smaller independent ones would have no way of seeing who is in bank statements or not

    I still have never seen PayPal in statements for some reason...does not mean they do not exist
    Good Point.
    Thank you,

    Lior Monus
    Business Development Manager
    CFG Merchant Solutions


    Direct: (646) 880-6764
    Cell: (516) 319-5826
    Fax: (646) 278-7322
    Lmonus@cfgms.com
    180 Maiden Lane New York, NY 10038

    www.cfgmerchantsolutions.com

  3. #3
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    Quote Originally Posted by Karen37a View Post
    New brokers or smaller independent ones would have no way of seeing who is in bank statements or not

    I still have never seen PayPal in statements for some reason...does not mean they do not exist
    Isn't paypal just doing direct splits?

  4. #4
    Karen37a
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    Quote Originally Posted by Nunya View Post
    Isn't paypal just doing direct splits?
    yes but I am never getting bank statements/ processing statements/ transaction statements or people with pp

    Maybe its the industries I target.. It cant be a coincidence

    ** I do not see square or get people who are dealing with square...I do see Kabbage
    Last edited by Karen37a; 11-08-2018 at 05:19 PM.

  5. #5
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    Quote Originally Posted by Nunya View Post
    Isn't paypal just doing direct splits?
    I see them taking Weekly debits all the time - saw them twice today.
    Thank you,

    Lior Monus
    Business Development Manager
    CFG Merchant Solutions


    Direct: (646) 880-6764
    Cell: (516) 319-5826
    Fax: (646) 278-7322
    Lmonus@cfgms.com
    180 Maiden Lane New York, NY 10038

    www.cfgmerchantsolutions.com

  6. #6
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    Quote Originally Posted by Karen37a View Post
    New brokers or smaller independent ones would have no way of seeing who is in bank statements or not

    I still have never seen PayPal in statements for some reason...does not mean they do not exist
    i saw 2 today alone and probably over 30 in the last month. Weekly payments pulling as paypal

    Business to Business ACH Debit - Paypal Debit

  7. #7
    Karen37a
    Guest
    Quote Originally Posted by Michael I View Post
    i saw 2 today alone and probably over 30 in the last month. Weekly payments pulling as paypal

    Business to Business ACH Debit - Paypal Debit
    What industries were they...and are they pp or were they swift?

  8. #8
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    Quote Originally Posted by Karen37a View Post
    What industries were they...and are they pp or were they swift?
    did not see contract but deposit and weekly withdrawals all paypall . one is like a game stop and the other one is a caterer

  9. #9
    Karen37a
    Guest
    Quote Originally Posted by Michael I View Post
    did not see contract but deposit and weekly withdrawals all paypall . one is like a game stop and the other one is a caterer
    I would think its an online caterer...makes sense

    People should be trying to grab those processing accounts

  10. #10
    Quote Originally Posted by Karen37a View Post
    I would think its an online caterer...makes sense

    People should be trying to grab those processing accounts

    pay-pal bought swift and they are taking over majority of swifts debits. I see a lot of papal weekly's and biweekly's etc

  11. #11
    Karen37a
    Guest
    Quote Originally Posted by jake2276 View Post
    pay-pal bought swift and they are taking over majority of swifts debits. I see a lot of papal weekly's and biweekly's etc
    Yes, I remember when they gave everyone the Dear John letter...you have until Jan after that no commission paid thanks for the memories.

    I also looked awhile ago they have 2 separate divisions, the swift one and the pp one

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