The Facts About the Crescent Processing Company Scam

| Friday, November 25, 2011
By Caroline Arthur


There are so many claims and stories about the Crescent Processing Company Scam . How true are these claims and why are people saying them? This article will look into the reasons behind these stories.

As soon as people sigh up to become free agents for Crescent Processing Company, they receive a free laptop. This laptop is necessary for use on the field because it contains all the multimedia presentations that will be shown to merchants. Beyond these multimedia presentations, the laptops also featured software to record transactions with clients.

Thus, every independent sales agent needs to have the laptop provided by the company because all sales transactions are processed through it. Before agents can receive their laptop they are required to pay a $300 deposit. This is why there was so much confusion - people automatically assumed that agents had to pay for free laptops.

It is company policy that agents have these laptops, and that they cannot complete transactions or do presentations on personal equipment. And they are required to pay $300 as a security deposit for using the laptop. They do not pay for this amount up front; the amount is deducted from their first few sales earnings.

It still appears that agents are going to have to pay for their free laptops. Keep in mind that this money is a security deposit and not an actual payment. When the sales agent decides to stop working for the company, the $300 that was deducted from his or her earnings will be given back in full.

Another aspects of business for which Crescent Processing Company have faced heavy criticism is the leads that they provide their sales agents with. As part of company policy, each independent sales agent is given a list of leads that he or she can visit in the assigned area. A lead is a pre-set appointment made by the company, which is confirmed twice to make sure that business owners will be present.

However, some former sales agents of the company say this is not true, claiming that the leads are not of any help at all. The problem is that these leads are only a meeting - it is still up to the sales agent to present the product and make the sale. The company does provide leads but it is always up to the sales agent to close the sale.

There are companies that do not even provide leads. They just let their sales agents generate their own leads. Because Crescent Processing Company goes so far to help their agents, the allegations against them are completely false.

A further claim leveled against Crescent Processing Company is that they withhold funds from their clients. The reality is that every single transaction process by Crescent Processing Company is analyzed to prevent fraud. If an irregular transaction is found, it is flagged for inspection until the business owner can confirm a proof of transaction.

Based on these reviews, it is easy to see that the origin of the Crescent Processing Scam is nothing but misinformation or lack of understanding of the company's policies and system. Accusations based on false information, like the scam allegations in this case, are simply not true. Be sure of your information before believing and spreading these stories.




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