I had a salesman stop in at my business who had a great line of bull that I bought hook, line and sinker. So I signed a lease for an ATM machine which will never be able to support the payment of $199 per month. After I realized that it was a bad investment I found out that I can't get out of the agreement. I spoke to a lawyer who told me that this was a very common scam and that it was virtually impossible to force the company to release me.
I admit that I should have known better. I don't believe that they will do anything to help, even when they see this, but I hope that this may serve as a warning to some (1) not to do business whith IQ Payment Systems (2) not to sign any non-cancelable leases. (3) check out your options before signing with any ATM or Credit Card processing company. Most of the salespeople that are contacting you by phone or by walking in are doing the same thing. They get large commisssions for signing you up on extremely overprice equiptment and services. I am planning to locate a witer to put together some articles which will be better done that if I do them, so that I may publish them around the area to warn as many businesses as possible about this scam. I am also contacting a company that sells email addresses for companies in Washington and Oregon so that I can warn people off that way as well. I would like to have any pertinent information from anyone else that has been scammed this way to help to write the articles.
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