Bankcardcharge Scam Alert (bankcardcharge.com)

It's been more than a month since we have paid the 1100 USD setup fee for the merchant account activation. After that they have provided us with login and password to the account but still the processing wasn't set up. They permanently ignore our e-mails, whenever you call them - you meet the voicemail and they don't provide their real address. Moreover their domain is set up with the non-existing address:
12 Olaji Trade Center
Victoria, mahe 25830
Seychelles
(as a rule offshore company based on the Seychelles Islands are registered at this address).

Their second name is ALLIANCE CAPITAL SECURITY LTD having bank account in Cyprus bank.

They also provide very easy and fast account approval, they give extremely low processing rates, for instance 2-3% system fee for ONLINE PHARMACY. Before we have set up an account with them - they have always replied from the same email address support@bankcardcharge.com but each time the other person signed the letter: James Hwong, Lisa Li, Brian Zhi, George Lee.
We paid the setup fee back in March 09. They have confirmed that the money was received and after that they told us they have pile of unsetup accounts that is why it might take some time as they need to figure out the situation and actually we should wait in a line for a bit. Taking into account all the circumstances we have been patient enough. We claimed the immediate refund or the immediate processing activation but no one responds.

Please be careful, there's no doubt these guys are frauders. Stay away from BankCardCharge

Regards,
RxNetwork

Their fake 'phone' numbers are:
(852) 30105854 and (852) 30176834 appears to be in HongKong - the line is always busy or answering machine is turned on.

Wow sorry to hear about this. Thank's for the head's up.

Thanks very much for the heads up.

Now they sent me this:
BCC is currently experiencing a suspension and termination of our
International Processing Charter.

All processing has been officially terminated for all BCC merchants.

Unfortunately, this has occurred because of the excessive chargebacks
processed cumulatively by BCC merchants. This has caused HKBEA to hold
funds and implement massive fines and penalties. All BCC accounts have
been frozen.

VISA/MASTERCARD International assigned a General Panel to the bank in
order to audit and investigate all current merchant accounts and
determine the total amount of the damages caused.

BCC is working diligently with the panel and the bank to resolve this
issue as soon as possible and release all merchant funds owed to the
merchants for the past 3 weeks of processing. As soon as the hold is
lifted the merchants will be able to receive their proceeds immediately.
Until then all merchant funds will remain frozen by the acquiring bank.

BCC will resume processing as soon as the panel issues their permission
to do so and releases our accounts. We will keep you updated on any
changes in the situation.

BCC Technologies Processing Legal Team







what a stupied lie!! they never did the processing, they just grab the setup fee and after that declare 'termination of processing' with no actual processing at all.

BE AWARE!!! SETUP FEE WAS NEARLY 1000 USD LOSS.