Traves Sgt
map-marker Englewood, Florida

Wholesale Merchant Processing - Ripoff

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slowly in creased fees and rates - then ignored emails and would not send statements. when speaking to customer service switched me to some one in sales trying to get me to sign and lease a machine that costs $260. lease total 5yr was $10,600.Now they deny changing fees and rates #s do not lie People do reported then to ftc and attorney general and ripoff report.Strongly considering a class action lawsuit. Knut Werpen in englewood fl lied from the start drew a line through $395. cancel fee and said he would wave that he did so in front off two other people whole sale merchant /smart choice wants to charge almost $1400.Do not sign with these people they are connected with Northern Leasing
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Loss:
$1200
Reason of review:
Not as described/ advertised

Preferred solution: Full refund

1 comment
Guest

They took me for over $2000 not counting the ever increasing monthly fees. I could have taken them to small claims court and won easily since they added in things to their copy of the contract AFTER the contract was signed by me!

I still had my original to demonstrate their fraud. When they informed me that they had to switch out my processing equipment, a new contract had to be signed--I never did because they couldn't provide what I needed, and they charged me over $2000 for their equipment that I hadn't been using (they told me was out of date and couldn't be used) and refused to refund the amount even after receiving their equipment. Unfortunately I would have had to travel to Oregon to (possibly) get my money back. They must be close to bankrupt by now.

The word is out that they are nothing but scammers. I consider it a VERY expensive lesson learned! I will NEVER sign another merchant processing contract!

Now I have square and I am so happy with their flat 2.79% fee and zero swipe or monthly fees! Their process and online interface is super easy and keeps track of sales and has options similar to Quickbooks like reports and invoices.