BANKCARD MTOT DISC

Learn about the "Bankcard Mtot Disc " charge and why it appears on your credit card statement.

First seen on May 4, 2013, Last updated on July 11, 2018

What is it?

I'm an independent Merchant Services Rep. BTOT and MTOT are often line items that show up on your bank statement for your total deposit made into your account and withdrawals made from your account for processing credit cards for your business. They are not tied to a particular company. There is no MTOT company or BTOT company.

Like all industries, there are unscrupulous companies and reps out there. If you do not understand these charges or they are not matching your statements from the merchant services company, then investigate it. Make your rep or the company explain the variance.

Credit card fees taken from your merchant account for credit card sales.

I have the same situation. I did not notice the transaction until this month when i was hit for 230.00. My bank stated i have been being charged since Jan 2018 and they cannot reimburse me for anything okder than 60 days. I called the merchant and they have no record of me having an account. This sucks

I have been charged $18.95 a month for services I never signed up for. This is fraud. I had to close my account and open a new one to get rid of the charge.

This company "Bankcard 8600" is a scam company!! Somehow they got ahold of our company account information at a bank and started electronic withdrawals on our account. The amounts started off small such as $4.95 per month & then gradually the amounts got larger. BEWARE

We attempted to use their service but they were unable integrate it on our website. We found another company to meet our needs. Innovative began billing us monthly and ignored our calls. We had to contact bank and put a stop payment on account and then had bank dispute and charge back the account.

Extremely dishonest company. Bank processing company - called and canceled this for the company I'm working for now after two years of being charged and not taking credit cards. Charged me for the full month even after closing the account in the middle of the month. Dishonest Direct Connect should be there name instead of Direct Connect.

This is a valid charge, I am an accountant and it is service charge for using a credit card/bank card from your account.

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Can you help? What is this charge?

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Also Appears on Statements As

  • CHKCARDBANKCARD MTOT DISC
  • CHECKCARD BANKCARD MTOT DISC
  • POS Debit BANKCARD MTOT DISC
  • POS PUR BANKCARD MTOT DISC
  • POS PURCH BANKCARD MTOT DISC
  • POS PURCHASE BANKCARD MTOT DISC
  • POS REFUND BANKCARD MTOT DISC
  • PRE-AUTH BANKCARD MTOT DISC
  • PENDING BANKCARD MTOT DISC
  • Visa Check Card BANKCARD MTOT DISC MC
  • Misc. Debit BANKCARD MTOT DISC
  • CHKCARD BANKCARD MTOT DISC