

BBB Business Profiles are subject to change at any time. When considering complaint information, please take into account the company's size and volume of transactions, and understand that the nature of complaints and a firm's responses to them are often more important than the number of complaints.īBB Business Profiles generally cover a three-year reporting period. CardWorks Servicing continues to experience exceptional growth as the premier third-party servicer of credit cards, and Merrick Bank is recognized as a premier issuer of non-prime credit cards. However, BBB does not verify the accuracy of information provided by third parties, and does not guarantee the accuracy of any information in Business Profiles. is the parent company of CardWorks Servicing and Merrick Bank. BBB asks third parties who publish complaints, reviews and/or responses on this website to affirm that the information provided is accurate. This is a scam and if anyone needs to speak to the fraud ***** its this organization!!!!īBB Business Profiles may not be reproduced for sales or promotional purposes.īBB Business Profiles are provided solely to assist you in exercising your own best judgment.

#Cardworks merrick bank software
They have reported the acct to credit bureaus as a balance of 425 and closed, keep in mind I have no way of viewing the acct because they restricted it online, and how can I pay it, the acct was linked to my checking acct and I would pay online. announced that Cardworks/Merrick Bank have chosen the SPECTRUM servicing software solution. Now I have no access to my acct online they restricted it, no one will tell me how I can pay the remaining balance, they tell me to hold and never come back. I told them no they wont be seeing my bank statements, no other creditors have demanded such nonsense, and I told them I would pay the remaining balance if any and close the acct. They restricted my account and made me sit on hold for over 2 hrs to speak to someone in fraud department who asked me to send my bank statements along with a letter from my bank that I have been paying my account from my bank acct.

"TSYS' single authorization platform connects acquirers to solutions for virtually any market, and we look forward to our trusted partnership as they help us support our diverse client base," said Merrick Bank president Rick Urrutia.įor more on this topic, visit the transaction processing research center.Zero Star!!!! I always paid off credit card acct on time or before it was due, they recognized it and increased my credit line, I started using the card more often since having a higher limit, still paying off each month. About Merrick Bank Founded in 1997, as a wholly owned subsidiary of CardWorks, Merrick Bank is an FDIC insured top-20 issuer of Visa® branded credit cards. We are excited about the opportunity to provide solutions that will support Merrick's clients."

Founded in 1997 as a wholly owned subsidiary of CardWorks, Merrick Bank is an FDIC insured top-15 Mastercard/Visa issuer of credit cards. "Our relationship with Merrick provides our clients sponsorship options with a respected financial institution. CardWorks provides lending and merchant acquiring services through Merrick Bank. "TSYS supports a wide variety of Merrick partners, including traditional ISOs, technology companies and processors," said Mark Pyke, president of TSYS merchant services segment. As of 2022, Dan Pillemer became the president and CEO of CardWorks. Donald Berman is the company’s founder and former CEO. The bank is also a leading acquirer of VISA and MasterCard transactions, said a news release announcing the deal. CardWorks is located at 6900 Jericho Turnpike, Suite 208, Syosset, New York 11791 and is a registered ISO/MSP of Merrick Bank, South Jordan, Utah. Merrick is a top-25 issuer of VISA and MasterCard credit cards, and lends nationally to consumers purchasing boats and recreational vehicles. These include point-of-sale solutions, as well as authorization, settlement, reporting, managed services and risk mitigation solutions. subsidiary Merrick Bank, to provide payment solutions for Merrick's independent sales organization partners. Payments specialist TSYS has signed a long-term agreement with CardWorks Inc.
