Entrepreneurship & Small Business

PandaPay Merchant Services - has anyone heard of this one?

  • Last Updated:
  • Oct 30th, 2018 10:12 pm
[OP]
Jr. Member
Oct 14, 2007
170 posts
31 upvotes
Mississauga

PandaPay Merchant Services - has anyone heard of this one?

Salesperson from PandaPay Merchant Services came in today trying to sell their merchant services. They say they aren't a broker - meaning they don't resell Moneris or Paymentech services - they are their own processor. They wouldn't supply a rate sheet but wanted a 20 minute meeting to go over.

We've never heard of this company before - has anyone?
2 replies
Member
Feb 18, 2014
206 posts
35 upvotes
They are a reseller for both Elavon and First Data. Not necessarily a bad thing, but anyone that would lie to you about their company, shouldn’t be trusted. From their website...PandaPay is a Registered MSP/ISO of the Canadian branch of U.S. Bank National Association, Elavon and Wells Fargo Bank, N.A., Canadian Branch.
Newbie
Nov 28, 2018
1 posts
Terrible company. They only care about making money off your hardware. We own a restaurant and they leased (so we are stuck for YEARS) our hardware to us with out being able to accept tips for our waitresses. How inconsiderate and yes they when there’s a problem the service is great..because they transfer you to their processors company, to wait on hold on their 1-800 phone lines. BEWARE!

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