well here we are - bonded by such a miserable event, my commiserations and best wishes to all those who have it would appear fallen foul of some fairly unscrupulous and unprincipled people.
We have also been hit by this dubious crowd that have taken over what for a very long time was an excellent partner who we have been loyal to for well over 20 years as have many others - our losses to date amount to almost a $1 million and whilst that's more than most - it is academic how much we have all lost - everything is relative and for some of us here $5-10,000 will hurt just as much I am sure.
Our story is fairly similar - we were last paid in early August after several weeks of erratic payments and then were told by staff we would revert to weekly payments shortly - we held on for another 3 weeks and due to no payments being received and totally contradictory statements by different staff at DR/MYCommerce - eventually pulled the plug just before the end of August.
Somewhat ironically a few weeks later we received official notice from DR that our account had been terminated and they would be holding on to all sums outstanding (almost $1 million) for a further 6 months to settle potential Refund/Chargeback claims - typically we might see $10-20,000 annually !
We are in discussions with lawyers but now I see the scale of the problems from others here - clearly DR will not in my opinion be trading very much longer so I am not optimistic at recovering our money.
But my big question - is where are MasterCard and Visa in all this - how have they not stepped in and stopped this shower from operating and also put some sort of action in place to safeguard theirs and clients money ?
I'll continue to monitor with interest - but I do not have high hopes of any truly significantly beneficial outcome at this moment in time.
We have also been hit by this dubious crowd that have taken over what for a very long time was an excellent partner who we have been loyal to for well over 20 years as have many others - our losses to date amount to almost a $1 million and whilst that's more than most - it is academic how much we have all lost - everything is relative and for some of us here $5-10,000 will hurt just as much I am sure.
Our story is fairly similar - we were last paid in early August after several weeks of erratic payments and then were told by staff we would revert to weekly payments shortly - we held on for another 3 weeks and due to no payments being received and totally contradictory statements by different staff at DR/MYCommerce - eventually pulled the plug just before the end of August.
Somewhat ironically a few weeks later we received official notice from DR that our account had been terminated and they would be holding on to all sums outstanding (almost $1 million) for a further 6 months to settle potential Refund/Chargeback claims - typically we might see $10-20,000 annually !
We are in discussions with lawyers but now I see the scale of the problems from others here - clearly DR will not in my opinion be trading very much longer so I am not optimistic at recovering our money.
But my big question - is where are MasterCard and Visa in all this - how have they not stepped in and stopped this shower from operating and also put some sort of action in place to safeguard theirs and clients money ?
I'll continue to monitor with interest - but I do not have high hopes of any truly significantly beneficial outcome at this moment in time.
Statistics: Posted by Gekkolives — Thu Oct 24, 2024 3:02 pm