A sales rep from Priority Merchant Processing came to visit me one day and told me he could offer me the lowest credit card rates around. I said the last company I was with promised me that as well but never delivered and charged me a hefty cancellation fee when I wanted to end the business relationship. He assured me over and over there would be NO cancellation fees should I decide to cancel. He told me that in order to get the great rates I had to lease a terminal from NORTHERN LEASING. He asked me to sign an agreement with Northern. As I was looking over the agreement I said are you certain there are no cancellation fees with your company OR Northern and he one again assured me there was not.
WELL-I was very unhappy with Priority Merchant Processing's services and decided to work with another company. However, I was informed by Northern that I was in a 48 month lease and owed another $3900 if I was to end the contract.
I contacted the rep from Priority Merchant Processing and got no response... Point blank ignoring my e-mails. The terminal I am leasing can be bought online for LESS than $200 and if I stay in this lease for the full 48 months it would cost me close to $5000 for a $200 machine!!!
*watch out for any credit card company that tries to get you to lease equipment-go buy the equipment yourself!!! *
i am currently working with an attorney to try to get out of the contract but what a huge waste of my time!!
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