Moneris Solutions
Deactivation charge

I was a customer with Moneris Soulutions for over 10 years and was tired of the high fees and outdated equipment so I cancelled with them. My original contract did not have a deactivation fee of any kind but two days after I canceled I was charged a 300.00 fee to my account. I was told after calling the company that any new contract was now in effect. I was also pay a 2.65 % rate but if you look at your statement most charges are higher that the quoted rate. If a customer uses non qualified card (example, air miles) you could be paying an additional percentage fee. I was also being charged for internet electronic deposit fees on my back statement per debit of .65 plus the .16 item fee.