Merchant Processing - Northern Leasing Systems ripoff deceptive promises to get you to sign an equipment lease with Northern Leasing Systems Bellevue Washington
I was promised lower credit card rates for my company if I would use Merchant Processing Inc to process my credit card sales. This promise by Mick Wells-Account Executive(in writing) included an overall savings of $213.48 annually including the monthly lease payment of the new equipment which I was required to purchase before receiving these lower rates.
My very first month indicated a 2% higher rate charge and when I complained that I had been lied to, I was told by Merchant Processing Inc and Northern Leasing Systems that there was nothing they could do - I was locked into this equipment lease for 4 years and it was uncancellable!
Both of these companies "MERCHANT PROCESSING INC. from Bellevue Washington and NORTHERN LEASING SYSTEMS INC are fraudulently working together to rip-off small business
Carrie
Spokane, Washington
U.S.A.
1 Updates & Rebuttals
Cory
San Antonio,Texas,
U.S.A.
Read Your Contract
#2Consumer Suggestion
Fri, May 21, 2004
Read your contract or have an attorney look it over. You might be stuck with the lease on the equipment but not the CC processing co. I have had several CC co. promise lower rates and not produce. You might have something there because you have it in writing. I have called some of these CC companies and gotten them to lower their rates by telling them I won't be accepting their CC's any longer. Give it a try. Good luck.