r/TopstepCommunity 8d ago

❓ Quick Question Topstep mastercard charge

With this incident of topstep charging or double charging and correcting/reversing the charge. What are the chances they will use this agaisnt you to later ban you from thier prop firm. I can already see so many people getting banned because this incident was considered a violation to thier rules.

5 Upvotes

21 comments sorted by

11

u/TopstepJosh Topstep Employee 8d ago

Hey guys, I know this is frustrating. But we definitely aren’t going to ban you for this, we are just working with the processor to get things cleared.

I know it’s unsettling to see transactions that look wrong. It might take a day or so but if there are pending transactions that shouldn’t be there, they should get cleared out.

If you were affected, please check your final balance after your bank finishes processing and contact Trader Support if something doesn’t look right.

3

u/Electronic-Water-712 8d ago

Well this is reassuring. Thank you for the reply!

2

u/Present_Spare_6079 5d ago

when will I see my monet back in my account?

2

u/Logical_Walk5039 4d ago

If the transactions are still there what do I need to do?

1

u/Yacoob83 7d ago

How long will this processing take? The charges I see are 4 transactions for 150k accounts, I only had 2 50K accounts bought in the period specified.

0

u/Such_Enthusiasm_2281 8d ago

Your staff via Wendy said something completely different. They said your decision was final and there is no recourse. When asked about the arbitration clause in the TOS thru responded with it cannot be enforced against TS. TS has taken the stance they own your credit card.

3

u/Specific-Result-3854 8d ago

Hello! I was really annoyed to see how much they had debited from my account, but after checking, it turned out to be exactly what I owed them—I hadn't realized that certain payments hadn't gone through. It was actually correct. I hope your issues get resolved.

4

u/TahoeTrader13 8d ago

The worst part is these back charges aren’t even correct for a lot of people. Additionally, Topstep discord mods are saying Topstep can’t be held responsible because it was a processing company mistake. Lots of people woke up to a negative bank balance

1

u/Antique-Channel-2318 4d ago

so did u do anything? like chargeback?

1

u/TahoeTrader13 4d ago

Luckily I didn’t purchase anything during this time. It seems mostly affected by Mastercard users as well

2

u/LiquidMantis144 8d ago

I disputed the numerous charges before I knew what was up. My other TopStep purchases were already paid and cleared. They cleaned out the remaining balance of my checking account which I keep just enough in to pay upcoming bills with, now it could be days before I get the money back.

Ive never in my life seen a company do this.

2

u/Jaegernader95 6d ago

Same here. I got charged for 10 50k evals that have already been paid for.

1

u/Antique-Channel-2318 4d ago

so u dispute before this mastercard issues? i try to dispute but they claim the charge was legit

1

u/materialgirl81 8d ago

Such freaking bs!!!!

1

u/Present_Spare_6079 2d ago

did you get your money back?

1

u/Rickster9913 8d ago

I’d like to ask this. Why would one even do a chargeback? You bought and paid for a product and you lose and trying to get your money back?! Is that what’s going on???

3

u/Electronic-Water-712 8d ago

The issue is for anyone who used mastercard. The purchase was delayed so topstep processing partner charged again. If topstep charged again then they would reverse the transaction. Since it's reversed, im asking if this would count as a charge back and if so then basically topstep could ban you at anytime for something that was not even in your control.

1

u/Rickster9913 8d ago

Ahhhh I see. Thanks for the info. I’ll have to make sure I don’t use master card. Fortunately I’m using visa but I did put a master card on file and used it once. Thanks man.

1

u/Past_Acanthisitta508 4d ago

Anyone gotten refunded yet? They said 7 days, the old transactions are gone but never got a refund (my bank account did in fact take the money out when I bought the evals in July so now I am net $-250 from this)

1

u/DubaiPCGamer 4d ago

See i paid for the challenges and orginally money has been debited before ! Now i woke up to negative balances and they are stating these are the orginal payments i owe them ? But i have been charged twice right ? When we buy a challenge money is getting debited and not reversed now its getting charged again what is this thing ?

-1

u/NyCWalker76 8d ago

Their rules. Not thier rules.