Beware!!! 16% of our gross in 2008 was stolen Leaders for hidden fees and charges. We run a small handcrafted jewelry business. When I signed up for the Leaders Merchant account they told me the monthly fee would be $10.95 a month if I didn't make $25.in credit card sales. Plus 2.19% per credit ...
I openened a new restaurant. I set up a account with Leaders. The gave me three rates of processing. 1.18 Qualified rate 1.74 Mid qualified rate and 4.99 Non qualified rate (Ryan moss salesman" This rate would only be used if was a non swiped transaction") Well guess which rate 95% of all ...
I decided to start a business and needed a visa machine for my customers. I wasn't opening my business until December and "Manny" knew about this and okayed it. This is where it all started! November I received my bank statement and found charges against my account from LMS and bank ...
Leaders withdrawls hidden fees from your bank account without prior notification. PCI annual fee of $30, Leaders annual fee of $100, etc... I asked very specific questions and read the agreement and these fees were NEVER disclosed. I found out about them by looking at my bank statement! DO NOT ...
The sales person lied about monthly cost and a annual fee! I just got a $99 annual fee. When I specifically Ask the sales women were there any other fees then the $15 if my card quota was not met. And she said NO I would have no fees at all except the $35.00 for the terminal rental. So if I made ...
I originally started with Leaders in August with specific rates and no monthy charge or security fees.in Feb. 2007 I wanted to change my company name. At same time I received a mailer from them in the mail that stated they had rates as low as 1.18%. I was told that I needed to sign a new agreement. ...