Gene Olson is a credit card processor and ISO, when he leases the credit card machines and equiment he does not inform the merchants that at the end of the lease contract they have to pay for the equiment. He leads them to believe that at the end of the contract they own the equiment.
If the merchant is leasing from another credit card processor and/or leasing company he tells the merchant that he will buy out what the owe on their current lease and/or he will transfer it. He never pays off what the merchants owe on the last one like he promises, and he barely transfer the old lease. So, the merchant is stuck still pay the monthly statement bill for the old lease and now paying for this new lease also.
When the merchants call him concerning a problem he makes up lies about he will be there it fix it and when he does show up it is days to weeks later. He promises a merchant he will be there for an appointment and sometimes shows up, when he doesn't he calls at the time of the appointment and gives an excuse why he can't make it. It is a consistant thing for him to not make the appointments he is scheduled for.
He use to work for I Payment and riped of merchants when he worked there. Now he works for Purepayment. It is not Purepayment that is riping people off. It is Gene Olson. There are merchants that are having problems and they tryied to contact him but, a couple months ago he changed his cell phone number so they could not contact him. So now the merchants are calling Purepayment.