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Leaders Merchant Services Reviews

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About Leaders Merchant Services

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Leaders Merchant Services provides payment processing solutions. The company offers merchant accounts, credit card processing and point-of-sale systems for businesses, facilitating payment handling for diverse business needs.

Visit www.leadersmerchantservices.com
Pros
  • Quick approval process
  • Reliable and efficient service
Cons
  • Hidden fees and charges
  • Difficulties in account cancellation

Leaders Merchant Services Reviews

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    Page 3 Reviews 80 - 230
    Customer ServiceStaff

    Reviewed May 15, 2019

    I would never recommend this business. They are incredibly difficult to deal with deal with. Every time you call to get anything accomplished they transfer you to a bunch of different people, and it takes days to get a resolution. I tried to cancel my account with them because they were charging me at least 50$ in “additional fees” every month, and not only did they not cancel my account they have charged me 425$ in the last four months without my knowledge. Using this company has been a terrible experience.

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    Customer ServicePriceStaff

    Reviewed May 15, 2019

    Read the other horrible reviews about them creating an account without full permission, charging $350 termination fees, bad customer service. This is all true. I called this number for Leaders specifically. 800-554-2777. You will get someone. Get the name and keep detailed records of your conversations. This is the number for Customer Relations that services many merchant services including Leaders, Flagship and many more. 888-251-2141. The message will tell you your wait time is 80,000 minutes...I found someone will answer. Just keep on on speaker while doing other things. Dispute with your bank. I finally got the $350 back for cancelling an account that should not have been created in the first place.

    Supposedly they record calls, so I called them on it and told them to listen to the calls. Bear in mind, if you do go thru with an application, then decide you don't want them anymore, they will slap you hard with a bogus cancellation fee. You could proactively shut your bank account down and change the number if you are afraid they will charge you. The sales rep sent me emails confirming I did not actually ask them to be my merchant service provider and that they would put the money back. I took almost 3 weeks to be done with them. Also, with any merchant service company, including Flagship, it is important for small businesses to go over the rates and fees every few months. They are SNEAKY!!

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    Customer Service

    Reviewed May 3, 2019

    This company has been the worst experience of my entire business career. They’re literally stole hundreds of dollars from me, refused to refund me, lies countless times and enough is enough. From getting hung up on to being given wrong information, I’m filing a complaint and suing them. Please contact me if you’d like to a part of this case, together we can show them they’re not going to treat businesses like this.

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    Reviewed May 2, 2019

    They have overcharged my account by $500! Can’t get ahold of anyone within this company. You sit on hold for hours!!! No sympathy. No Empathy. HOW someone hasn’t investigated this company by now blows my mind!!! TERRIBLE is a soft word compared to what they truly represent.

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    Customer ServiceStaff

    Reviewed April 18, 2019

    Leaders Merchant Services is the worse company I have ever dealt with. They have withdrawn fees from our checking account that was never revealed to us. You cannot get an answer from their customer service department. They have scammed hundreds of businesses out of money. Our Rep, Kenny **, is a liar! He told us so many lies during his recruitment process but will not speak with me now. I am also filing a complaint with the Better Business Bureau and The Alabama State Attorney General's office. This company needs to be stopped!

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    Reviewed April 15, 2019

    Being able to process credit and debit card charges and pay the lowest fees for those transactions is critical to my business. Leaders has never let us down. I am happy to recommend Leaders Merchant Services.

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    Customer ServiceStaff

    Reviewed April 10, 2019

    Leaders, Flagship, Paysafe...all the same company. What a horrible experience. Customer service in Boston is simply incompetent to say the least. There are three people who handle Boston and all untrustworthy individuals do nothing except lie. The female hung up on me when I asked her questions and the two males create accounts for you that are never setup properly. Doug ** is a moron and his pal Shane ** is another "do-nothing," incompetent liar. All departments answer the phone as a different company. All customer service telephone numbers lead to a rep telling you that you have to speak with a different dept. All use the same excuse that "they are still working out the kinks on a recent merger...that happened two years ago."

    It is a vicious cycle of BS and a black hole worth avoiding. I was warned by other reviews NOT to go with this company, but I was eager to find a solution. I dealt with the headaches long enough and finally found a better solution. Do also note that these companies, Flagship, Leaders, Paysafe and others (all related??) will tell you there are no hidden fees, but they do add fees and you will pay more than you're led to believe. So grateful to end this relationship. I have no idea how they even stay in business and have not been shut down.

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    Customer ServicePriceStaff

    Reviewed April 8, 2019

    My husband decided not to use this company after signing up and getting their card reader. He decided to keep Square. He tried and tried for months to get his account cancelled. 6 months later, they are still charging us over $100/month. You can never get through to anyone to cancel; they're always busy and will call you back (which they don't). I got through by pretending to want services and I got a rep. He was constantly giving us the runaround as to canceling my husband's account. "Someone will be getting up with you soon to cancel." 6 months later and we are going to have to cancel my husband's business checking account in order to stop them. They are absolutely horrible!

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    Customer ServiceContract & TermsPunctuality & SpeedStaff

    Reviewed April 6, 2019

    Like many other people, I was also researching merchant account companies and lo and behold, Leaders Merchant Services popped up as number one for customer service and equipment. Go to find out, the site that is a paid advertisement in Google search results. I guess with all the money that Leaders steals from people, they can afford to pay these other con artists to rate them number one.

    I too called to simply inquire about pricing one day and when I spoke to the representative (Nic) on March 26 of 2019, I was put through the typical application process. At no time during the review process was I told or even saw on the document that it was in fact a contract of any kind. Again, this was simply to inquire about pricing, not to sign any contracts yet. Upon completion, the rep hangs up and I receive an email welcoming me as a customer. I was then sent an actual docusign contract to agree to purchase the equipment at a specified price ($91) and an activation email to activate my online portal. I still didn't realize that I had even agreed to any services yet.

    Needless to say I cancelled the services the very next day with the merchant closure form, which doesn't state anywhere that there would be a $350 cancellation fee. When I did this they had a hard time helping me because I didn't even have a merchant account number yet. It was less than 24 hours from when I opened the account, that's literally how quickly I did this as to avoid any unwanted nonsense. Well lo and behold 48 hours later I see a charge on my bank account for $350. I was irate. I treat everyone with respect until they no longer deserve it. When I called I was told that I had signed a contract (application forms aren't contracts) and that the cancellation fee was $350 which is nowhere to be found on any application form I went through when inquiring about pricing. It's nowhere to be found on the merchant closure form either.

    After getting nowhere with customer service, they offered to transfer me to another department but I told her it was too late for that. The next people they would be talking to is my bank after I flag the charge as fraudulent. And that's where it stands right now. I've written a letter to my bank with various screenshots from emails and further detail into how the sign up process went when I thought I was simply filling out an application to see if I qualify and what the fees would be, not agreeing to any long term service contract.

    To this day I still never received a copy of that application that apparently says I'm now in a contract or that a cancellation fee even exists. Probably because it's false to begin with. Do NOT do business with these people, go with Square. Half these merchant companies are just a bunch of crooks that nickel and dime small business owners to death because they think we don't have the means to do anything about it. They are mistaken. I've already read a few comments here about people who have taken this company to court and I'm sure many others will follow.

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    Contract & TermsPrice

    Reviewed April 2, 2019

    We signed up with readers because they were 1) highly rated, 2) offered competitive rates and 3) stated that they would not charge a monthly fee. Their service seemed good and they did offer 24-7 support. After a few months, we noticed that they were charging us a monthly fee for the reader. We tried to reach them on the weekend to question the charge, but 24-7 did not apply to that kind of issue. They had slipped charges into the final agreement and would not give any kind of a refund. We canceled the account and shut them off from drafting our account. They did not request the return of the reader, so I am expecting there may still be a fight over that. I would not ever consider using them again and would never recommend them.

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    Customer ServiceSales & MarketingPriceStaff

    Reviewed March 29, 2019

    In my 10 years as a small business owner, Leaders provided my credit card processing. As far as cost and usability, they were fine-- probably about average-to-good as other ones, though I never explored the option of changing processing companies once it was set up, since -- as many a small business owner knows-- once the systems are in place one is often loathe to shake up the flow. However, if had I known then what I know now, seeking out a different company most definitely would have been worth it.

    My main issue arose when I was sent an email (amidst their many other multiple forms of frequent contact --phone calls, multiple emails from different departments and people-- making it very difficult to manage just which of those were the actual, direct line of communication, let alone keep track of what is junk mail and what is actual stuff to pay attention to) containing some information on a free trial of a new program I had been enrolled in (without my consent), with a partner company, after which when the free trial had expired I would be billed monthly, at $19.99. You may be thinking, this is a scam, as did I, and immediately emailed back saying I never asked to be enrolled and to please cancel my account immediately.

    I never wanted it, never asked for it, never used it, and specifically requested to be removed from it-- so you can imagine my surprise when I come to find that I have been being billed all along (it's easy to sneak that in there when you are already paying their fees, which vary anyway depending on how much business you do and come at inconsistent times). Fast-forward to me trying to call someone to speak to them about this (actually I had already tried once and failed-- they seemed not to know what I was even talking about), which coincided with me having to cancel my account entirely as I had sold my business (yay, me) and would no longer be needing their services.

    I was sent to 4 different departments in 2 phone calls, had different information from each person I spoke to, as well as lost connection -- on their end-- both times during the call and when *finally* given the instructions on how to cancel my normal Leaders account (a process, by the way, that is archaic and time-consuming-- an irritatingly obvious tactic), I discover that not only am I still paying for this cockamamie additional "business service" from a DIFFERENT COMPANY at $19.99/month that somehow I never was able to opt out of, but now I also was being given a *ridiculous* set of instructions to cancel my main account.

    Even though my company had already sold, and I was calling so I could stop this cycle ASAP-- I was told I could not cancel over the phone and that I would have to wait for an email (from a different department, of course), which would include a "document" --which turned out to be a non-descript piece of paper with check boxes for you to mark as to why you are requesting to cancel, with room for "explanation" (don't get me started on my feelings about companies that make you prove your reasons beyond a simple "because I said so" for cancelling a service to which you are in no way obligated), after which I had received I was to fill out, PRINT, and then after signing it, I would then need to take a picture of it, because I was going to have to email it back. Then, once they received that email with the request, my account would be cancelled. Or so it seemed.

    Turns out, 4 weeks later after a long overdue holiday with no phones, I receive the last of what was apparently a string of phone calls from the Customer Service manager at Leaders, desperate to get ahold of me because--shockingly(not)-- my account had not cancelled because I did not PRINT MY NAME IN ADDITION TO MY SIGNATURE. It did not matter that my name was there on the email, and on the form at the top. And made phone calls. And reported to the BBB. No, my account could not be cancelled because I did not print my name directly above my signature on that farce of a document.

    Obviously, all of these ludicrous obstacles are in place to get as much money as they can from you with hidden fees, and to milk your time with them so you're paying for all this even as you are trying to cancel. Now if you are wondering how can all this be legal well-- of course it is, because you have signed your life away in your original paperwork when you originally contracted with Leaders, 6 years ago. You have no recourse, you have no rights.

    IN SUMMARY: DO NOT USE LEADERS MERCHANT SERVICES. Anyone with half a brain can see that they use confusing tactics to charge hidden fees and get away with it-- banking on the fact that most consumers they are dealing with are small business owners and because of the soul-crushing overwhelming responsibility that running a small business is--some might conveniently miss an email, or send a cancellation request to the wrong address, or get cut off while they are on the phone and be too busy to call back.... or god forbid NOT TYPE THEIR NAME IN THE RIGHT SPOT.

    And when you finally have your small beans customer good and frustrated from these violations, you can send your very Patient-Because-She's-Used-to-Getting-Yelled-At Customer Service Manager to sweep up the mess (and by sweep up I mean: Stay with me on the phone to make sure I TYPE MY NAME in the right spot and email it--again, while I'm on the phone, so it will for sure be cancelled this time-- not to actually FIX anything they did), and you can embarrass yourself by having a good shout at her because in reality, this is the longest and most clear communication you've had with anyone at Leaders in all of the 7 years of using them, and then you'll feel more calm, you'll both have a good laugh, and everything will be hunky-dory. Oh except for the hundreds of dollars they pilfered from you and you're never getting that back.

    Is it legal? Yes. But is it good business and is it right? Absolutely not. This is highway robbery as far as I'm concerned, and --Mr. CEO of Leaders (I can't imagine this would be a woman's kind of scheme...preying on the little people) all I have to say is: You should be ashamed of yourself. Go pick on people your own size.

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    Customer Service

    Reviewed March 22, 2019

    My husband and I started a very small business. Leaders Merchant services contacted me. A salesman said he could help us with a system that could make our business go much smoother. Things did not work out with the system but according to them a account was opened. We were not aware how it worked and were never contacted again. A few months later all these charges were being taken out of our account I contacted them with it. Customer services really is terrible. No one to talk with that knows what they are doing. Finally got a hold of someone and the bottom line anyone new or is in business now never use them. They got hundreds of dollars from us. Never trust anyone that does not communicate with their clients.

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    Customer ServiceStaff

    Reviewed March 21, 2019

    SCAM! Do not believe a word these people say! HIDDEN FEES EVERYWHERE! Even worse customer service! Don’t know how they got rated so high! Must have paid for themselves to be rated! Once they get you on the hook for services watch out. Please take the time to read all of the negative reviews, they’re spot on! Good reviews must be posted by employees or family members. I closed my account within two weeks of opening it! Started getting hidden fees right away!

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    Customer ServiceSales & Marketing

    Reviewed March 19, 2019

    In December 2018 our small business, which already has a credit card processing company, was looking at the different rates other credit card processing companies could charge. Leaders advertised that they could beat any rates. I asked what their rates were and they told me I had to fill out an application in order to get a rate quote. I did that. A few days later a credit card terminal showed up at my door. I emailed them stating that we had never agreed to do business with them, we just wanted their rates. I didn't hear back from them. Keep in mind, they were borderline harassing us when they wanted our business, calling four times a day, even when I asked them not to.

    Now when I had an issue with them, I couldn't get anyone to respond to me. I mailed the terminal back to them on 12-18-18. I emailed them stating that if they had opened an account, to please close it. On 3.14.19 they charged us a $350 early termination fee and refuse to refund us. I had to track down the tracking information for the terminal I sent back. I emailed them the proof two days ago and have not heard back. I spent 20 minutes on hold today trying to solve this and 38 minutes on the phone yesterday. It has been a complete nightmare. Their business practices are fraudulent and shady. I certainly hope anyone else shopping around for cc processing companies does their homework and avoids Leaders like the plague.

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    Customer ServiceStaff

    Reviewed March 7, 2019

    This is by far the WORST experience I have had with a company. Contacted them for online payment processing. I am a non-profit organization raising money for kids' school sports programs. Needed something donors could do online. They set me up with "Expinet" - turns out LM were basically subcontracting. Expinet Website / company was TERRIBLE to set up and failed to process half of my organization's donor's payments. The fields I selected to gather the donor information actually didn't gather ANYTHING! I asked support why that was and he admitted he did not know why.

    Every time I had a questions the person on the phone said they'd have to ask their expert and get back to me - which they never did. No mobile-friendly view. After many hours trying to learn the product so I could be sure it wasn't MY mistake, I was convinced - this was just a really bad product. AND THEY WERE CHARGING PROCESSING FEES! Many attempts to get help failed. They left me a message finally saying that this online payment thing was new and they were working out "bugs"! One of them was that people who went on explorer browser somehow weren't getting processed. Great time for me to find out! Oh and there was no way for me to know who tried - and unless the donors watched carefully - they would assume their donation went through.

    After MANY attempts to get someone to help me I had to threaten to sue and file a formal complaint with BBB before they issued me a partial refund as a "courtesy"! What nerve. They closed my account. Guess what!? A week ago I discovered 2 new charges. One for $350 for a BANK CARD I never received and another for processing!!! Needless to say my emails and calls go unanswered. Not that customer support is designed to help - endless navigation with "abnormally high call volumes" and a promise to call back which they never do. This company deserves to be completely shut down. I have reams of emails for my impending legal action. THE WORST.

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    Staff

    Reviewed March 6, 2019

    Leaders Merchant Services is group of fraud dishonest people. I read all the reviews and I felt all the zero star reviews are mine own. There are more than 70 people who have been robbed by Leaders Merchant Services. Can you or someone report to police please about this matter. I also lost about 600$. Now they are asking $375 for early termination. Before they said there is no any early termination fees. They have to be punished. They are robbing all hard working small businesses owners. They will tell you that there is no contract. Don’t trust them. Stay away new business.

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    Customer ServiceContract & TermsSales & MarketingPriceStaff

    Reviewed March 1, 2019

    THIS IS MY EXPERIENCE WITH THIS COMPANY... I have tried to talk with your company about 8 times regarding this situation. You have charged my account for a monthly fee of $38.20 and a $350.00 fee for closing my account (which I never opened). I was calling to get pricing and rates, your sales rep gave me a few rates and some pricing.

    I asked him if there were any termination fees or such (I don't want to have to pay any fees if I close my business or retire and so on). He became very short with me, and clearly said, "NO there are no termination fees," I in turn said great and we proceeded forward. He said, "Ok let's get started." I said ok. He said he needed to check my information with the IRS, to see if I was approved (a pre-approval) so he sent me the form to authorize him to check to get an approval... With that being said I filled it out and gave him permission to check my information. I by no means finalized this into a contract of Service. I never activated my terminal with your company. I never process any transactions with you. Hence, you have no right to charge my account the fees you have literally stolen from me.

    I want a total refund for the money you have taken from me, due to your salesman, using manipulative verbiage to gain my signature on a form. This is clearly unacceptable business practices. If you listen to your taped conversations (if you have them), you will see that he clear stated that there was no termination fee and that he need a form signed to check my information... He never said anything about this being a contract for service and that by signing it, I was going to use your company for my company's merchant services. My full refund is in the amount of $388.20 you have taken from my account without my consent.

    FURTHER, Had I been aware of the numerous fraud claims against your company with the "Consumer Affairs Department" and the “Better Business Bureau”... I would have never even considered picking up the phone to call you. With all the bad business that you have done to citizens and hardworking business people with your manipulative sales tactics and numerous complaints for bad business ethics... with the 100’s of complaints, this is clearly a Class Action Suit waiting to happen. Very sad, that you chose to conduct business this way. Please advise me as to when my account will be reimbursed via this email.

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    Customer ServiceSales & MarketingPriceStaff

    Reviewed Feb. 22, 2019

    Ever since I went with Leaders it has been a nightmare of all sorts. I will never use credit card at my preschool again. The customer sales agent never said there would be an early cancellation fee, as we did sell our business. They constantly over charge fees and it just keeps coming. One of the worst parts is that they keep you on the phone waiting hours for an agent and never call back.

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    Punctuality & Speed

    Reviewed Feb. 21, 2019

    On a scale of 1 to 10, Leaders is a solid 10 across the board. They approved our application very quickly and we received the card reader (which was pre-tested) immediately. Seamless service and honest, too. We are very pleased and recommend them highly.

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    Customer ServicePunctuality & SpeedStaff

    Reviewed Feb. 13, 2019

    From the beginning dealing with Leaders Merchants was a nightmare, but because of a deal the sales rep gave me for my NGO and my personal business it seemed like a good way to go to get credit card services. Not only was he unauthorized to offer that deal, the deal was never given by the agency. As a health care provider I asked to get HSA cards utilized and was told it was not an issue - they never were able to get it to work. I would often receive several calls and emails that I needed to contact them and when I did no one knew why. Then a few weeks later it would happen again. They often overbilled me for any fees.

    Canceling was even worse. No one could tell me the exact account numbers (for some reason they had multiple for each accounts!) and even after all forms were faxed they continued to bill me. I sent in the equipment yet 2 weeks later the amount for replacement was taken out of my checking account - and when I called they didn't know why. I had the tracking confirmation to prove they were delivered.

    Today it has been 2 weeks, 2 days since I tried to cancel and they still can't help me - they have the forms but for some reason want them signed electronically - which I am happy to do if they send them correctly (they sent the same one twice instead of one for each account) and dated the original closure date (which they agreed to do). Total time on hold dealing with fixing problems since I started with them 6 months ago - 10 hours! Total time on the phone trying to fix problems that never got fixed - 3.5 hours. I would have given them 0 stars if that was an option.

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    Contract & TermsStaff

    Reviewed Feb. 12, 2019

    We are a very small mom and pop business that only does business 1 or 2 months a year. I contacted this company and talked to Joey to explain our needs. He made me believe he knew exactly what we would need and that this company would be perfect. He was dead wrong, mostly because he consciously did not provide all the information necessary. He failed to tell me I would be signing up for a 3 year contract, that there would be non-use penalty for months that we did not have transactions and that there was a survey required and that I would be charged $40 each month until I filled out the survey.

    In the end, the company overcharged us somewhere between $500-600. Then the kicker came when I was charged an additional $350 for breaking the 3 year contract (for which I was never informed). I called to lodge my complaint and even asked to be put in touch with a supervisor. I got nowhere. There was absolutely no interest in any form of compromise. We just plain got beat up. I would absolutely recommend you NOT use this company. They are dishonest from the salespeople, to the supervisors to the management. They have no conscience!

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    Staff

    Reviewed Feb. 4, 2019

    Really wish I had read these reviews before I signed up with them. They are robbers. They show you all the fees on the application in these nice boxes where you can see what to expect... Until 2 pages later in very tiny print it says you will be charged a $129 annual fee. I was not told about this... I have had 1 sale for $40 and so far have been charged over $210 in fees. I wrote to my rep to have her suspend my account like she said I could... But she left the company and her email address is still active. STAY AWAY FROM THESE ROBBERS.

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    Customer Service

    Reviewed Jan. 17, 2019

    I tried using their services but it took over 6 days for them to deposit my money. Called three times to have a supervisor call me never received a call at all. When I inquired about cancelling account they told me it would be $275. Not one ever mentioned this when I signed up. They claim it’s in the contract. CROOKS SHOULD BE SHUT DOWN BY THE FEDS.

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    Reviewed Jan. 16, 2019

    If you want money taken from your account, this company is for YOU!! I am a seasonal business and use their clover machines (which I loved). However, before making any decisions I told them I'm a food truck and only run 4-5 months out of the year. Will I be charged for the other 7-8 months. I was told no! I have been fighting with them to get reimbursed since October 2018 (4 months) I still have received a dime back. Charging for clover rental they received back, charged for CC processing I haven't made one since Oct. 1st, and purchases I have never made. They have taken $492.68 for services I did not use. I have been promised for the past 4 month I would get reimbursed and they keep taking money out of me.

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    Customer Service

    Reviewed Jan. 15, 2019

    If you fancy hidden fees, lack of communication, and poor customer service this credit card company is for you! In all seriousness this is the slimiest company I have ever dealt with! There is good a good reason for so many bad reviews. YOU'VE BEEN WARNED!!!

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    Customer Service

    Reviewed Jan. 13, 2019

    I started trying to get service the 16th of November and now the middle of Jan. 2019 and still no service. I have made thirteen phone calls (30 plus min each time) and can not get anyone so I leave phone number and never get a callback. I was given a merchant number and nothing else. No equipment. Nothing. I emailed to two addresses and had them returned bad address and a third one went through but no response. Now I am getting a charge of 56.50 for processing fees and I don't even have equipment to take cards with, we lost all of December sales. I sent an email again and said, "Forget it. Cram this account up your **," and still haven't got a response from them. The worst company I have ever tried to do business with, stay away. They are crooks period!

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    Customer ServiceStaff

    Reviewed Jan. 9, 2019

    I have a very small company and signed up for credit processing at Leaders Merchant Services and it took 3 weeks to receive and any processing material. I then made over 8 phone calls over 2 weeks to ask for help on using the equipment. Was on hold in excess of 30 minutes each time with no contact. After calling the sales person that I had felt with he promised a return call from a technician which never came. I then called to cancel my account, which had never been activated and never used...READ THE FINE PRINT. I was then charged $350 to cancel and $15 for equipment which I had sent back. The service is the worst of any company I have ever felt with!!! The only time you will get someone to answer the phone is if it's a sales person...zero follow-up and zero tech support.

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    Sales & Marketing

    Reviewed Dec. 18, 2018

    Very reliable company! The Clover is perfect for my local window cleaning business! I was able to customize it according to my business needs! I was a little bit reluctant to make the switch to credit card processing, but I’m happy I did. My business has really benefited from having an all-in-one point of sales terminal. My customers seem to really appreciate it too!

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    Sales & Marketing

    Reviewed Dec. 10, 2018

    Why has this company is still allowed to do business. We got rid of these con artists back in 2012 the second we got approved. 6 years later and they are still trying to scam people. You people need to contact the attorney general's office and the federal trade commission on these crooks! We did one day of, perhaps 1 hour with these scumbags until we got rid of them. They would approve you without any problems and the second you start charging credit cards with refused to release the money into your bank account.

    If these scumbags hold your funds and you get a chargeback, you're not legally responsible for it. You were never paid by Leaders so don't let them try to stick you with fees that they con you into thinking it was your fault or you signed something. The next day we went with another processor and since then we have been doing business with them. But the next day we had our attornies send a certified letter to Leaders saying if you don't release the money back to the customers you're going to get sued. Lo and behold it took a court of law to get it done.

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    Customer ServiceContract & TermsSales & MarketingStaff

    Reviewed Dec. 7, 2018

    Do not use this service, total scam!!! Misrepresented information given to customers. When I found out about charges being stolen from my account, I called them and said this was not the arrangement the rep. explained to me. So I canceled my account, then got a 350.00 cancellation fee!!! STAY AWAY FROM THIS COMPANY!!! The reps must work on commission, it's the only way. This seem why they lie to you about the services.

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    Customer ServiceStaff

    Reviewed Dec. 3, 2018

    If you value your company stay away from these cowards. They will tell you what you want to hear in the beginning then hit you with ungodly hidden fees that will just baffle you. And when you try to call to ask why they will tell you if you don’t like it you can pay the $350 early cancellation fees that were never mentioned by the coward salespeople. There are several thousands of reviews of how this POS company work. Please stay away. Do yourself and your business a favor.

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    Customer ServiceStaff

    Reviewed Nov. 27, 2018

    I set up this account and advise that I was a nonprofit and would only use 3 months out of the year. He told me I could get all fees waived since non profit. I sent in all the paperwork while on the phone with him. He advised that he had all fees waived and the only fees I would be charged was when a card was scanned. I had the account opened 3 months, without use, when the charges started. I was charged $17 inactive fee and $10 for equipment rental. I called the rep many times and he wouldn't take my calls and wouldn't return my voicemails or emails. In October, I finally got someone on the phone that agreed to refund my money. I had paid $216. they refunded $51.

    After having this account open 11 months, this account had never been used. I had never been helped on how to set it up!!! I told them I wanted to cancel the account because Mike ** had promised me no fees which was a lie, had promised that someone would help me set up everything and now refused to speak with me. I wasn't refunded all of the money as promised and just wanted to be finished with them. I have not spoken to a single truthful person at this company since the beginning.

    They received my closure form on 11-09-18 and said it would take 3 to 5 days to close my account. They kept the account opened until 11-20-18 while charging my account once again for equipment rental on 11-19-18. Then charged me $350 cancellation fee on 11-21-18. There were no fees listed on the one pager that was sent to me nor anything verbally. I just called Leaders to get the money refunded. The guy I spoke with said he doesn't care what anyone verbally promised me, they could promise me anything. Their policy is to charge the customer $350 when they close accounts. If he wanted to credit my account, he couldn't because the account has been closed. They are a ripoff. Please do not give this company a chance. You will suffer so much stress, anxiety and loss of money if you do.

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    Sales & MarketingStaff

    Reviewed Nov. 21, 2018

    I didn't realize how much of an asset a merchant service provider could be until now. I signed up with Leaders two months ago and they provided equipment upon approval. Everything has been working great and my customers have actually noticed a change in my business. Speedy transactions and much more efficient sales. This is exactly what I needed for my small business. Not only have I seen improvements in the way my company is running, I feel like I have a dependable business partner with Leaders. They have made it a priority to do whatever they can to help my business grow!

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    Customer ServiceContract & TermsPunctuality & SpeedStaff

    Reviewed Nov. 16, 2018

    Excellent rates for a merchant service company. Through my research, I found that Leaders had the best rates for their service and products. I decided to give them a shot and I was approved that same day. A customer service representative gave me all the information I needed through the contract and assured me he would be available for any questions I had in the future. One month later and I can honestly say I am content! Great products and even better customer service!

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    Customer ServiceContract & TermsPriceStaff

    Reviewed Nov. 10, 2018

    I am in the exact situation as my fellow people that have written reviews. Please DO NOT choose this company! They are DISHONEST and told me lies just to sign me up with their company. They took $450 dollars from which includes “PCI compliant yearly fee”. Mind you I only was set up for 1 1/2 months after became PCI compliant and they would not refund me the $129 that was charged unknowingly (was not with them the year). They charged me $5.95 as a “service fee” after I even purchased my card reader once again was not EXPLAINED. I was only with this company for 4 Months and every month I called this company regarding a new complaint because they were taking money from my account due to their “fees” that was not EXPLAINED at the time of joining.

    NO ONE said there was a CONTRACT you will be in and NO ONE said there will be a termination fee $350!!! After I cancelled the service fee days later BAM! $350 was taken from my account!!! I called once again and all they said was “ma’am those are fees that we cannot refund you” THIS COMPANY IS SUCH A RIP OFF! Run from these people. Please don’t sign up cause they will take every last penny from you just like they did me. I am very upset and this has even cause me health issues. I can’t believe how businesses can be like this! I am with that last person that mentioned about filing a class action law suit! I’d love to put this business out to end them from robbing poor other people are trying to run an honest business such as ourselves. What can we do about this??!

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    Contract & Terms

    Reviewed Nov. 3, 2018

    As all the others reviewers, I’ve been stung with the shady contract with “no termination fee, just return the device” and no explicit contract to sign under. They used my signature from the application. I got hit with weird payments taken without warning from my account and when I got upset and terminated, the famous $350 fee they swore would never happen. Then I filed a claim with BBB and in their answer they admitted their lies. Still declined any refund. Does anybody want to join in a class action to get all our money back and close this rat's hole in the business world for good?

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    Contract & Terms

    Reviewed Oct. 23, 2018

    Leaders is a company with no moral compass and I am sure they are tap dancing with illegal practices. They scammed and stole money from me and I am not going away until ALL the money is replaced. DO NOT DO BUSINESS WITH THIS COMPANY. RUN!!! This all has been a nightmare and so discouraging for a small business owners. I'm just glad I caught on to their unethical tactics before it was really too late. They electronically sign your name without your knowledge to scheme you into a contract. They scheme you with all the things you want to hear then will lie to your face but won't put anything in writing except a bogus contract that apparently you don't really have to sign.

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    Customer ServiceContract & TermsPrice

    Reviewed Oct. 23, 2018

    I had Leaders for 3 months and was charge over $600 with only $1500 in transactions. Over 40% in fees that I was not informed about via text, email, voice calls, or documentation. I was told no contract and I could cancel anytime then charged a $350 cancellation fee. I don’t recommend them with all the lies they tell and according to all the other reviews on here I’m not the only one. I also left reviews on Google and will be filing a claim with BBB and civil suit. This is wrong with what this company is doing to small business who want to grow and provide merchant service for their customers. We should not be lied to and spoofed out of the hard earned money we earned. I don’t know how they are spoken about high ratings with this kind of business practices. If you’ve left a review follow up with BBB in hopes that they can help ** this company down.

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    Customer ServiceContract & TermsSales & MarketingStaff

    Reviewed Oct. 18, 2018

    Do not be con by these people. I open account and ended because of poor customer service. Was hit with a $350 cancellation fee. How do a account turn into a contract. That I was totally unaware of. They scam people for sure and they need to be stopped.

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    Customer ServiceContract & TermsSales & Marketing

    Reviewed Oct. 16, 2018

    Don't fall for the scam this place had going on. I didn't do my research first like I should've. Got on with them and waited 2 weeks for the Bluetooth reader. Called them up and they couldn't find any record of the reader being sent out despite the fee being charged to my bank account. After all this I got a funny feeling about this place. Decided to read reviews. Terrified about what I found. Huge cancellation fee. Wasn't told I was entering a 3 yr contract. Hadn't even received a single payment through them yet. Called to cancel and yup all the reviews were right. It's the same story. They tell you all the right things and fail to mention the contract the fees. Save yourself the time and money. Get another provider. I should've stayed with Square. At least they don't have hidden fees and cancellation fees. Big disappointment. Steer clear of this scam.

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    Customer ServiceContract & TermsSales & MarketingPriceStaff

    Reviewed Oct. 15, 2018

    Sales rep. did not disclose anything to me. I told him I was new at this and what is the process. He could of told me that I was entering on a 3 year contract. He told me I would not have a monthly service fee. They charged me $34 for the past three months. I called several times to get $34 reverse charged to me since August 2018 and they would only give me back $15. At this point I have not used their service and will not use them. Now I can't get out of this contract. But I'm not giving up, I will continue to write to them. Please do not do business with Leaders Merchant Services.

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    Customer ServicePriceStaff

    Reviewed Oct. 12, 2018

    These people are crooks period. They will charge you hidden fees and tell you that you are responsible to go to some portal. They never mention to see what fees they are charging you. They are rude, not helpful and have an awful attitude. I've been hung up on, put on hold 15+ mins, been yelled at. Managers won't get on the phone to rectify problems. They tell you one thing and do another. Super shady! You are better off going with a bank that is reputable than these people. The worst choice I've ever made. Michael ** is a snake. Johnathan ** does not have a backbone. Evelyn **, Liz and Nicole have the most obnoxious attitudes I've ever encountered and Desiree ** does not know her job.

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    PriceStaff

    Reviewed Oct. 12, 2018

    If you are looking for a merchant service provider and you want to save your money I would recommend Leaders. Very affordable option for a startup business! Of course I did my research beforehand and I am happy I did. I no longer have to struggle through each transaction for my customers. The POS system provided has saved me so much time and headache! Great work guys!

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    Reviewed Sept. 28, 2018

    My business has really benefited from Leaders! I have been able to expand my customer transactions for retail and online processing, which is great! Rates are very competitive (as low as 15%) and credit card processing is secure and fast. I’m pretty happy with my overall experience with them!

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    Customer ServiceContract & TermsPunctuality & Speed

    Reviewed Sept. 1, 2018

    I want to say, I do love my Clover! They are not at fault. Once I cancel I will have to find another company that carries the device. I cannot believe I fell for this Leaders!!! I never write reviews EVER, but had to in this case. I am so upset. I am a new small business that have been trying to find the right processing company for my business. I Googled top Merchant companies and Leaders was at the top! Not sure how! Unbelievable! Anthony ** was amazing right up until I was approved for the device and now I can't get a response to a simple email. I was on hold one day for over 20 minutes because EVERY TIME I call there is high call volume.

    I called today because I wanted to know where my next day deposit was. Once I finally got someone on the phone because Anthony never responded, I was informed that my deposits would be 48 hours later and that could not be changed because I was new! As it turns out, the turnaround time is actually more than 48 hours, because they first have to verify THEN authorize! It was written in my contract that I can cancel anytime, I guess that is going to be bullcrap too from the other reviews I read!

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    Customer ServiceContract & Terms

    Reviewed Aug. 27, 2018

    74 pg agreement & Weeks later, we still had not received our credit card reader; yet we were charged for them immediately. Multiple emails and phone calls, hold times 15+ min. Enough already ~ we're done!

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    Customer ServiceContract & TermsSales & Marketing

    Reviewed July 31, 2018

    They advertised lowest fees, no monthly fees, no contract... sounded good. We never finished the set up process because they were impossible to get on the phone - finally got someone and told them to forget it. It took me 3 months to realize they had been taking money out of my checking account (unauthorized) for a total of about $400. Had to close my account. Now they are demanding the return of "equipment" we never received... Blatant thievery. Stick with the Square! We surely will.

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    Reviewed July 26, 2018

    RUN AS FAR OUT AS YOU CAN! You will be burned, they will take money out of your account! Kimberly ** Account Executive / will tell you that you got lowest rates on the market!!! And when you will find out few months later that they have been taking thousands from you, some other ** salesman will tell you that all CC you processed were "non qualified", therefore 6-12% is what they have charged you! RUN!!!

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    Customer ServiceContract & TermsPrice

    Reviewed July 26, 2018

    This company will charge you for not meeting credit card quotas they assign to you regardless of the business owner stating they did not want any quotas to meet. Trying to get hold of this company is a nightmare, and Victoria is a complete liar. When I set this up, I did not know I was being put on a contract, and that there was a term I had to meet so as not to get charged all these assessments. I am in the hole by $440 so far in just 2 short months because Mickey ** set me up to meet $2000 to $10000 in credit card charges. I was unable to meet these and have 2 charges of over $40. Now they are also charging me $350 for cancellation fees of a contract I never signed. Good luck to all of you who give this company a try. Fair warning, do not trust Mickey ** or Victoria, and Ian has no customer service skills whatsoever.

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    Customer ServiceContract & TermsSales & MarketingPricePunctuality & SpeedStaff

    Reviewed July 23, 2018

    I was looking for company to process credit cards. When I called Leaders salesperson Anthony told me 1. Cc process fees will be 1.99% top plus $0.19 per transaction. 2. If I don't process payments during a month they will charge me $10 fee to keep account up. 3. I can cancel my account anytime or close for season (as we are seasonal business) without fees. I took notes. Based of that information I signed up as it looked better than other 2 companies I was comparing. When it was up and running we did test of $0.01 and I processed customer payment of $4000. I saw charge of $79.60 which seemed pretty reasonable. To my surprise later in a month I got charged another $103 with total of $182.77 which is definitely more than 1.99% promised.

    I called customer service (I Access ) as I think leaders merchant only talks to you when they sell you services. I was told that everything that sales agent told me is a LIE - my fees vary by card and there are tons of other fees on statement which I was not advised about. Also if I don't use it for a month I will be charged $40 plus other fees – again not that I was told. At this point I asked to close my account due to misinformation. I was told I signed a contract for 3 years! Sales agent didnt tell me? I would never went with Leaders if this was the case!

    Customer service agent advised they will do research and listen to the call and call me back. Week later - no call, I call again asking to talk to supervisor/manager. They won't let me. Sate (representative) advised me it's escalated to main office (why can't I talk to them?) and she will email me closure form to fill out and will call me back. Another 4 days going by no email/no call. I tried calling today as website says they are open on weekends but phone system says they are closed. Two weeks later I spoke to Andrew who advised me they don’t care what was said verbally to me. I signed contract and that’s it. They can't waive fees. No one takes in consideration all false misinformation I received and part that sales agent didn’t tell me. I will sign contract and will pay fees to cancel my account earlier. If you are looking for merchant services - don't go with LEADERS!

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    Sales & Marketing

    Reviewed June 18, 2018

    I purchased the clover through this company and they omitted all the important things when signing you up for their services. Like they can hold your funds for a period of time before releasing them to you. They say that you can cancel at any time and you have a 30 days buyers remorse period but when you go to cancel the services within that time frame they say all purchase are final and there are no refunds. These credit card companies are a ripoff and if you are looking for a merchant account services you should go through who you bank with. Don't use any of these scam artists like Leaders Merchant Services!!!

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    Ease of Use

    Reviewed June 1, 2018

    Signing up with Leaders Merchant Services was extremely easy to do, considering the fact that TWO of our neighbors work them! Our bookstore is located right in the middle of Fort Myers strip malls next to a nail salon and a cookie shop. Both neighboring businesses have never complained about Leaders once! The nail salon has the Clover Flex and the cookie shop has the Clover Station. We also went with the Clover Station to better fit our customer's needs. We're even connected to Apple Pay. These millennials are all about it so we had to get it to keep up with them. It's been hard these past couple years to keep the business alive, but with recent changes in our merchant processing services, the people haven't been afraid to buy! Thanks, Leaders Merchant Services for the cool new and easy to use Clover Station!

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    Reviewed May 24, 2018

    Be aware of Leaders Merchant Services. They will keep calling you every day to open up the account. Once it’s open forget about it. All drama & game starts. They Will lie all the time. Save your money & $350 cancellation fee from this thieves. Go with well known company. None of them from internet. They are bunch of repos. They pay internet providers to get 4 star or 5 star status but it’s all lie so save your hard earned dollars.

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    Staff

    Reviewed May 22, 2018

    DO NOT BUY FROM THIS COMPANY!!! I bought a clover station for my retail and 1 month after they cancel my account because most of my customer are oversea and are using international credit card and RISK MANAGEMENT decided to close my account without any chance to me to find another company. As my account was subtly cancelled, I don't have any option to receive payment from my customers. The quick solution that I found in order do not stop my business was create a SQUARE account to accept credit card while I'm fighting to return the CLOVER STATION that now is a garbage for me since I cannot use anywhere else. Very unprofessional what they did to me. Never again I'll buy from them. iPayment is the company that owns Leaders Merchant and the sales guy that sold the machine to me easily said "Sorry man I cannot do anything for you."

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    Customer ServicePrice

    Reviewed May 18, 2018

    I have not had a pleasant experience with Leaders Merchant. I have the original quotes from them promising the lowest rates across all competitors for credit card processing, no hidden fees, easy processing, etc. First, from consumer to my back account took 5 days. 2nd, the fees were much higher than originally quoted with all kinds of add on fees. Thirdly, my account had been open for less than a month and I was charged a $350 cancellation fee that was mentioned nowhere in any correspondence with any person in any conversation or email regarding cancellation. I am a small business. $136 in credit card payments cost me $400. If you are a small business, do not sign up with this company.

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    Reviewed May 15, 2018

    I started a small business about 8 months. 90 days in there started to appear crazy fees and every credit card swipe was coming in as NON Qual. If you don't know what that is, please have someone explain that. They set you up with really low rates for tier 1 of your credit card rate but be assured you will never see that. I have tried to cancel for the last 4 months and they keep hitting me for over $300 a month even though I stopped using their credit card processing in February. Worst service for a small business. Don't use them.

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    Verified purchase
    Customer ServiceContract & TermsPrice

    Reviewed April 10, 2018

    I was told there was no contract. I was told the terminal was free. I was told lower percentages than that which I received. ALSO, they don't send you statements - you have to access them online and PAY FOR THEM. I've been being charged $40/mo terminal fee. There is a 3 year contract that automatically renews. Random fees for month end charge $25.88, less discount paid $60.72, random fee $168.95, additional fees $129.00, and on and on. Also, it is impossible to get through to someone in customer service. SO, it pretty much is the same as everyone else has written here. Although they say they are the top rated on the internet...I'm quite sure they purchased that rating with everybody's erroneous fees!

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    Sales & MarketingPrice

    Reviewed March 30, 2018

    These crooks are just that, CROOKS, they claim to come charge you $9.99 a month, it's a LIE, they charge you $9.99 a month plus $30 a month if you don't meet a monthly quota, plus 1.5% off each transaction and allow transaction to approve then decline after the sale, and here's the best part, after you realize they're a scam and cancel your account, they proceed to attempt to ** your bank account for $350, thank God I got my bank to return the charge, and close my account. DON'T FALL FOR THIS SCAM.

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    Customer ServiceContract & TermsSales & MarketingStaff

    Reviewed March 30, 2018

    I would give them a zero if that were an option. This company's salesperson is possibly the most dishonest individual I have ever spoken to in retaining services of any kind. Their salesperson told me over the telephone how their fees are low by industry standards, and that they have no long-term contract, so I could leave at any time without charge. After the sales pitch, they send you a very short agreement over the Internet for your online signature. In the small print, they reference a "Guide" that you will be receiving once you've signed up. AFTER you have engaged them, you receive a 64 page "Guide" chock full of fees which were never discussed by their salesperson, including a $350 fee if you discontinue their services. So far, their "low" fees have averaged approximately 6% of my total receipts. I wouldn't wish this company on anyone.

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    Verified purchase
    Customer ServiceContract & TermsStaff

    Reviewed March 26, 2018

    After I attempted to discuss an application with the sales agent Josh **, I was issued an acct #. Having no idea that they used that as an actual contract with me, I tried to have many mistakes and extra charges that were not discussed in the initial conversation. I called the customer relations line and spoke to Cassandra who said that I would have to do the work with some 3rd party vendor to make these corrections even though it was not my mistake. At that time, I was concerned about fraud and asked to have the application shut down.

    Then I tried re-opening a new application, this time with the correct information. The next day, I found a $350.00 cancellation fee on my bank account. I immediately called customer relations and Cassandra interrogated me, just adding insult to injury with her condescending attitude and arrogance that I should have to bear the burden of correcting mistakes that their company made. All I wanted was to have them close out any business relationship they think they might have with me. I also asked to speak to a supervisor as to how on earth does an electronic signature make it to a contract I never signed? This company is criminal and takes no accountability for their actions. Again, I was never satisfied with the application process and therefore would never sign for something I did not agree with.

    I had asked for the first attempt at an account to shut it all down and after a day's thought asked to try to start over with the correct information and congruent rates to what the first agent had tried selling me on. The day after I attempted to try one more time to open a proper account, meaning one that I have approved of and agree on, I received a $350.00 cancel fee on my bank account. Clearly, after that I am certain that I do not want to have any relationship with your company at all. Unfortunately, this whole operation appears to be dishonest, corrupt and deceitful.

    My guess is that the first agent (Josh **) I spoke to who, on the first 3 questions he asked me over the phone was 1. my name 2. my address and 3. my routing number and bank account number. That was my first clue of what appears to be fraud and who I suspect prepared an electronic signature on my behalf for a completed sale. In hindsight, I can see now how I could have protected myself by insisting he wait until a contract has been signed before securing my bank information. Thank you.

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    Customer Service

    Reviewed March 21, 2018

    I closed my account two years ago. They automatically take $80 each month from my bank account, I called them several times, or can't change them and they always transfer money from bank account automatically, I ask my bank branch to reopen a new bank account, I thought this would be over, but after two months, I received a letter from a debt collection company. I wrote this review after I paid the debt collection company’s money. I hope everyone will not be deceived.

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    Reviewed March 5, 2018

    Run! In my opinion, this company is highly unethical, and would be better named MISleaders Merchant Services. I closed my account with them two months ago, and closed out the associated gateway, so they can't possibly even process a charge for me, and yet, they took $164 from my bank account today for various junk fees and an annual "account fee." They claim they never received my account closure form. When I asked them how to make SURE that they get it this time, all I got was a bunch of mumbling about 7 business days and "will be submitted for review".

    Do a Google search for reviews on this company. There are few places where they have 5 stars (hmmmm, no WAY!!) but if you'll look further, you'll find that most places that offer unbiased reviews rank them very badly and are filled with angry words from people who feel victimized and misled by this outfit. You have been warned!!!

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    Verified purchase
    Customer ServicePunctuality & SpeedStaff

    Reviewed Feb. 15, 2018

    Had customer filed the credit card payment dispute 2 months after purchase. After reviewing the purchase document, credit card issuing company found vender had following all purchase policy, and denied the card holder's dispute claim. I (vendor) then received a credit advice from my credit card processing company - Leaders Merchant Services on Jan. 09, 2018, stated "the credit had been returned to your account". One week later, I didn't receive the credit, so I called Leaders Merchant Services for the credit status, but was told the funds was holding by their "Risk Department" Ms. Jenny **. They couldn't tell me why, but asked me to check with Jenny.

    Jenny ** couldn't explain why, but simply told me the funds would be held for 45 Business Days as she thought it was a risk to release back to our account. After several questions from my end, she then told me I needed to get a letter from card holder's issuing back to state the customer drop the dispute case. I called card issuing bank and asked the document, the card issuing company's agent asked to go for 3 way talking with my merchant service company to verify exactly document my merchant processor - Leaders Merchant Services need. After the phone got connected, the card issuing company asked Leaders Risk Dept agent Jenny ** what kind of document she needed, Jenny ** simply said she couldn't talk, and hung up.

    Without any clear information, card holder's issuing company forwarded to Leaders Merchant Services a clear statement letter on 2/9/2018, which they issued to cardholder to deny the disputed claim and also had a deadline on the letter stated cardholder couldn't be able to dispute after the deadline 1/31/2018, and dispute case had closed. Today is 2/15/2018. I had left 2 message to Jenny ** since 2/9/2018, but didn't get any response back. The funds is still holding at their end. I had already cancel their services after the phone conversation with their Risk Department Jenny ** on 2/9/2018. One unprofessional servant can ruin the whole company's reputation.

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    Contract & TermsPriceStaff

    Reviewed Feb. 1, 2018

    I got a proposal that said I would save 132.00 a months. Now after reviewing my bills over three months they're actually higher than my previous processor, also in their bills they put the low rates and leave out the high ones so you have to calculate what you're paying, very unhanded to not put all rates on your monthly bill. They figure people don't have the math skills to figure out how much they are charging you. They have a 64 page terms and condition as well figuring you won't read the whole thing and go by the rep word.

    They hide a contract term of three years on page 61 so you miss it. The rep said not contract too but it's his word, a very deceitful company, this company plans on ripping you off. They should be shut down for illegal and unhanded practice. I wish I didn't have a option of giving one star. They don't deserve that, I'm trying to get the 500 guarantee low price match now, it seems like that might be another 67 pages of qualifications. Stay tune.

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    Contract & Terms

    Reviewed Jan. 29, 2018

    Our customer have been waiting for their refund of $2000 for over 2 weeks and they still haven't refunded them! We cancelled and they said there was a FEE! When we signed up they said it was month to month with no contract, now we have to pay $350 to cancel their services because it was a contract. They don't know what is going on, and it is always a runaround. They are a piece of ** company. Don't sign up with them. They are crooked! They are so quick to take your money but take forever to refund the money.

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    Contract & TermsPriceStaff

    Reviewed Jan. 26, 2018

    They lied to me about the fees and they electronically signed my name to an agreement that I never agreed to or was privy to. I never used their machine and was told that I would only be charged 2.5% for each customer transaction and .19 cents. No monthly fees, no hidden fees (I asked), no contract. They took money out of my bank account 2 days prior to signing up and I missed it on my bank statement. Then another annual charge, compliance charge, charge for not using my device, charge for not making 1000 in a month, etc. Lots of charges. Mickey the salesperson lied.

    I spoke with a guy today from Leaders who said you signed the contract, WHAT? "What contract, I never saw a contract, can you send it to me?" So he did. And yep, I never signed it because I never saw or heard of it. If I saw it I would have seen all their fees and declined right then and there. He said, "You electronically signed it." Nope, I sure as hell did not, you guys forged it, I never saw this stuff. I closed my bank account so they can't keep charging me, cancelled with them and am sending their card reader back to them. I am in the process of fighting this and getting about $500.00 refunded. This happened in only a few months. They use two names for taking money out of people's accounts. Leaders and Bankcard. Run from this company.

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    Verified purchase
    Contract & TermsPricePunctuality & Speed

    Reviewed Jan. 18, 2018

    When signing up with them they promised a lot of things. However, we found out later they are all lies. They tell you there is no contract or cancellation fees. This is a lie. You will be under a 3-year contract and have to pay $350.00 to cancel that contract. They tell you low fee percentages like .15% for debit cards and 1.55% for credit. This is a lie. First month charged $225.96 in hidden fees. Second month charged $485.72 in hidden fees. Third month charged $126.41 in hidden fees. They also never tell you about the yearly fee you will have to pay thats $120.00. Three months under these guys and our small business paid over $1,188.09 in hidden fees we were never informed of. We couldn't budget for that so we paid the $350.00 and cut our losses to get out from under them and their hidden fees.

    Then once we were charged the $350.00 they charged us an additional $75.00 that I am fighting because they never bothered to check the PO box we returned the readers to. We mailed them back to them on 12/16/17, they charged us our $350.00 fee for cancelling 4 days later, however we get charged another $75.00 on 1/9/18 because they haven't opened the package yet??? How is this legal? A month later and they still have not "received" them so we are continuing to get charged. Don't believe anything they tell you to try and get you to sign up with them. I can't believe they are still in business and not shut down by the BBB. Nothing but scams and lies. Don't fall for it!!!

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    Customer ServiceContract & TermsSales & MarketingStaff

    Reviewed Dec. 5, 2017

    I just recently opened a new location for my business and my husband suggested I look into getting a merchant with lower fees than PayPal due to the anticipated potential increase in my sales. I signed up with them very reluctantly because I didn't want to give all of my personal information to someone over the phone, I also didn't want to give information to an entity that didn't have a location I could walk in and see. However, the representative said that he could e-mail me the form so that I could fill it in without providing my information verbally. So I hesitantly gave the information via e-mail. After submitting everything, I received a welcome e-mail. I was never given a physical or e-mailed contract, terms and services, etc. explaining fees and policies.

    I was however given constant twice daily phone calls badgering me to get my account linked for nearly a month by a lady from authorize.net. (I was trying to figure out how to get my account to work so that I could phase PayPal out of my website.) In retrospect, the man I spoke to with Leaders gave me an inaccurate fee amount. I was told $2 and something plus 15 cents or so per transaction. I was also told that I could connect the merchant to my website through authorize.net to have the money sent directly to my bank account rather than through PayPal. I got the page set up and 'active'. Despite the fact that I did what I was told to do, all of the payments were still processing through PayPal and not through authorize.net.

    After being charged $37.95 twice by BANKCARD-MTOT DISC ** I called and asked to have the service canceled due to the fact that I was being charged by a service I was not actually using after having it explained that these were the charges from Mastercard for using Leaders/authorize. During the duration of time I was on the phone I was never informed that there was a cancellation fee or a contracted time I was supposed to be with Leaders. There was nothing mentioned in the subsequent e-mails following my request to cancel the service. I looked through every e-mail I received from Leaders and authorize.net to see if I had somehow missed the $350 fee. There was no mention of it anywhere.

    I contacted them and asked what could be done and the service rep basically said (not verbatim,) 'That's how these kinds of things work. You should have known that something like this would happen.' He said he would talk to the sales department to see if they would refund it for me. It was never offered to transfer me to the sales department. He called me the next day and said that he explained my concerns with them and they generously agreed to change the amount to the 2 year cancellation of $250 instead of the 3 year $350. He said I should be happy they offered anything at all because they usually don't. I have since spoken with my bank and explained the issue to them. They have filed a dispute for me and said it should be taken care of within the week. Don't be suckered into the thieving company that is Leaders Merchant Services as they will leave you blindsided.

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    Contract & TermsSales & MarketingStaff

    Reviewed Nov. 29, 2017

    The customer rep promised the world and all looked great until we got to the signature part of the agreement. The rep Mike made no mention of the fact that there was a three year agreement. He also tried to skim over the agreement that stipulates they can change the rates and cost at any point. This is quite the bait and switch. The problem is they have some personal information and we do not know how they will try to steal our money at this point. These people are flat out criminal in how they conduct business. RUN DON'T WALK AWAY! Much like everyone else, if we could give less than zero stars, we would. Thank the heavens we didn't complete an agreement with them.

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    Sales & MarketingStaff

    Reviewed Nov. 10, 2017

    Mine same as all the others. Outsourced sales force answers all questions they way you want to hear: cancel anytime no fees, no monthly fees, low discount rate, etc, etc. Leaders did not charge a monthly fee but their sister company charged $60 per month to rent the "equipment" which was deducted from the checking account and not deducted from the monthly statements. This number does not even show up anywhere on a bill. Was using PayPal at 2.5% or so. They promised 1.65 but my monthly average for 4 months ended up at about 12% with all the "one times fees, security fees, reporting fees, etc." And of course the $350 cancellation fee.

    I returned the equipment on the 21st of Oct but I started getting threats that if I did not return it in 15 days there is another $700 fee. I dug up the postal tracking number and they actually had it all along in 4 days but just did not get around to opening the package and checking contents. By the way, the unit comes with a small Allen wrench to attach the cable. If not there there is another fee, I think $25, if they can't find it. Absolutely the worst company I have ever dealt with in 50 years of business. I wish there was a lower rating than one star and they would have it.

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    Price

    Reviewed Oct. 23, 2017

    Leaders sleazy Salesforce quotes low rates and no fees then once you sign up the rates are not what is expected. Their fees are sky high and they tell you it will cost you $350 to cancel. They claim it is all in the fine print of the extensive document that they have you e-sign. But they will never provide a copy of it once you have signed it. I don't have time to write a long explanation. Just don't use this company. Ever!

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    Contract & TermsStaff

    Reviewed Oct. 21, 2017

    I signed up for a 2 month (60 Day Trial). When I went to cancel they tell me I am stucked into a 2 year contract. They take money every month. DO NOT GIVE THEM YOUR ACCOUNT NUMBERS, once they have them the withdrawals for fees that are not supposed to be begin and never end. Cancelled after 2 years of nothing but fees to get hit with a $250 cancellation fee. Now I am told it was a 3 year contract. I cannot get anything in writing from them, all I get are withdrawals from my account. They use outside salespeople that do not tell you the truth. Nothing they told me was the truth, that is why they will not put it in writing.

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    Customer ServiceContract & Terms

    Reviewed Aug. 11, 2017

    I contacted Leaders on July 12 to ask about pricing and terms for their e-commerce Merchant Services. The sales person Juan ** described competitive terms and promised there were no other fees of any kind. I said I wanted to call a few other companies to compare terms and rates. He recommended that I complete a no-obligation application with him over the phone, and then he could work on it while I called around. He promised to call back in a few hours with underwriter approval, and then I could decide whether I wanted to open the Leaders Merchant account. I told Juan that the business would be under my wife's name and she was not available now. His response was that I could apply for her if I had her SSN and our joint bank account number, and it was still a no obligation preliminary application. So I gave him the info and hung up.

    Then I searched around, saw bad reviews for Leaders on ripoff-report and another forum, and decided to go with Stripe instead. Juan never called back! In fact, no one called back. Ever! Two days later, we received an email to my wife's business email address stating that the account was approved, the monthly charges from Leaders and Authorize.net would start immediately, and I needed to call their training department to get our website set up for Leaders processing. What?! My wife had never spoken to anyone at Leaders and neither of us ever signed any document or granted any kind of authorization for Leaders to open an account in her name. After several emails to Leaders Customer Service, which is actually at merchants-help.com and merchant-info.com, they finally sent me an account closure form on July 24. I immediately submitted the form on the same day.

    On July 26, I got a reply saying that the request to close the account was denied because the signature on the closure form did not match. Think about that. Neither of us ever signed anything. The only signature they ever had from us was on the account closure form, and they denied the closure by saying that the signature didn't match. Didn't match what? On July 26, I replied to the denial email telling them to close the account or I would file a complaint with the California Department of Business Oversight, which is the bank examiner in CA. Nothing happened for 15 days. I mean nothing. No mail, no email, no phone calls. I never used any part of Leaders merchant services. Ever.

    On August 10, I received a form email from iaccessportal.com telling me that MasterCard was raising their fees by $2 per month. That seemed weird. It wasn't from Stripe. So I checked my online banking balance on our bank account, and there was a $39.95 charge on August 2, from BANKCARD MTOT DISC. The number on the charge matched a number in the subject line of one of the emails I received from Leaders 2 weeks ago. They won't close an account that they were never authorized to open, and now they are charging me large fees! Remember Juan? He never mentioned any $39.95 fee. This is crazy! It's criminal!

    So I filed a detailed complaint with the California DBO. The complaint number is **. Tomorrow I'll contact my bank and dispute the charge. Leaders is a criminal organization. You cannot establish a bank account in someone's name unless you have full authorization and ID and signatures. And yet Leaders is apparently pulling this garbage routinely. Amazing!

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    Customer ServicePrice

    Reviewed June 5, 2017

    If I could give this company negative stars, I would. All of the complaints you see below, are the truth. I tried to cancel their service after 2 months but my emails went unanswered. This company will charge any amount of money without any reason. They also don't show up properly on your bank statements in order to hide from you. They charged nearly $1000 from me in 4 months and I didn't use the service.

    My bank had to research where the charges were coming from on my account because the withdrawn money doesn't say "Leaders". I also was just starting my website, and Leaders agreed they were only going to charge me $10 a month so I was pretty sure the charges weren't from them. When the bank confirmed the charges were from Leaders, Leaders charged me $300+ to cancel. The amounts they charged were not consistent, their cancellation fee is big because you will definitely cancel. DO NOT USE THIS COMPANY FOR ANYTHING!! I have proof. Emails I would be happy to send you so you know what their emails look like.

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    Customer ServiceSales & Marketing

    Reviewed April 26, 2017

    Please be aware with this scam company. When I sign up (2-2-17) with this company (Jeremy) the guy told me 1.5% in every transaction plus $0.18 cents each transaction and $4.99 monthly fee and after 12 days I sign up they charge me $4.99 and everything was fine. But on 3-02-17 they took $209.47. I didn't saw that transaction until I get other charge on 4-03-17 for $347.04. I called to the company asking about all those charges and they told me all that are fees. So I don't know which fees they are charging me. Because everything we do by phone and never send me paperwork anyway. They don't want to return my money. Now I have to cancel it. I write this just to prevent others falling into the traps of these SCAM COMPANY. PLEASE PLEASE BE AWARE WITH THIS "COMPANY". Don't sign with them.

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    Customer ServiceContract & TermsStaff

    Reviewed April 22, 2017

    When I initially spoke with their rep, I repeatedly mentioned I was just getting my website up and running and was looking for cost saving merchant services since I anticipated low sales. He assured me that the rates would be very minimal with no monthly fees. Absolutely no mention was made about PCI charges until I saw the money deducted from my bank statement! And then I was assessed additional fees for "non-compliance". Another agent explained to me what this was all about and said if I became PCI compliant, they would refund me for the last month's charge of $40. I had no clue this entailed completing pages of questions which was extremely time-consuming. Also, the refund was a pittance because they continued to take out a monthly fee and other hidden charges.

    At my wit's end, I decided this was not worth it and called to cancel. The person I spoke with NEVER once mentioned I would be assessed a $350 cancellation charge, nor is it even stated on the request to cancel form. When I once again saw this deduction on my bank statement, I called and the insensitive rep's response was, "Well it's in your contract which you are breaching because you did not satisfy the 3 years you signed up for!" I was so taken aback because there was no mention of the 3 year commitment nor the early out penalty. I should have seen the red flags when an urgency was created for me to sign the authorization form.

    From November 2016 until I recently cancelled at the end of March, I paid a total of $522.27! All this for two sales in December of $82.73. I am so very angry with myself for trusting this company but am hopeful that they will be held accountable for their unscrupulous business practices in the very near future. I really wish I took the time to read the countless complaints against them beforehand and saved myself from this heartache and expense.

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    Verified purchase
    Customer ServiceStaff

    Reviewed Feb. 21, 2017

    This company is NO GOOD. MY EXPERIENCE - Date: Thursday, November 17, 2016, 6:25 AM. I've talked to 3 people asking the same questions but I haven't received equipment for service. I was told it would be mailed. It's been two weeks now and still haven't received. Email me or call me asap. Beauty Supply.

    01/18/2017 - I was trying to get card service with this company. I was waiting on my terminal in which it never came. After calling customer service I was told my account had cancelled and couldn't get a reason why. I told them my business was already up and running and I was planning to use cash only method. Looking at my bank statement 195.00 and 350.00 was taken out of my account. I want my money back in three business days your company had no right to charge me anything. Account ending in **. Send a paper check to home address. Sandy calls me 2/20/17 asking for documents. I already sent this company over 20 times. RoAnna and Shannon.

    2/20/17 - I have went to my bank and they said they returned funds because account was closed. This at bottom of page saying Other Debits PLAINLY STATES MERCHANT SERVICE TOOK 350.00 ON 11-17-16. I talked to a female on Thursday who stated a check for 350.00 was mailed on Tuesday. I'm the wrong person to play with. All of our conversations are recorded. This company sucks... Can't follow directions and have been lying the times I have talked with you guys. Y'all just make-up **. All this extra ** because of your company is **.

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    Customer ServiceOnline & App

    Reviewed Feb. 17, 2017

    DO NOT EVEN APPLY TO THESE CROOKS!!! ONCE YOU DO, THEY'VE GOT YOU!!! Stay as far away from this company as possible. I applied to them in June, and despite NEVER COMMITTING, they began taking out fees galore until I finally realized it. It took awhile because I'm the sole owner who wears all hats and I began taking automatic payroll checks at the same time, so I thought the fees were from that. Since all the fees were abbreviated and didn't mention Leaders, I couldn't tell. They started taking out $39.95, then it shoots up to $168.95! Plus other small fees, of course.

    When I realized it, I put stop payments on them. Fortunately, my bank (Huntington Bank) went to bat for me, and when they tried to hit me with a $350 cancellation fee, Huntington had the charge reversed. When I called Leaders to have the charges refunded, they basically told me it was too bad, and that I should've read the fine print. The fine print very subtly commits you as soon as you sign the app, and binds you to outrageous charges. Don't even sign the APP! But if you do, hopefully your bank is as good as Huntington and will help you out.

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    Verified purchase
    Customer ServiceContract & TermsSales & MarketingStaff

    Reviewed Feb. 9, 2017

    I was trapped into a 3 YEAR contract. I feel this is a clear sign of a scam company. If your business was solid you wouldn't need to have a contract with high cancellation fees... Every month there is some new fee slipped on to your statements, whether it is a "REGULATORY FEE", "ENHANCE SECURITY PKG", "MC LOCATION FEE", "Customer service fee", a "PCI Compliance fee" which is $40 Month. Most the time when calling the employees are already sour, they know each call is most likely going to be a compliant.

    Finally my 3 years is up, I have been once again charged with the PCI compliance fee for the past 4 months. Which is my fault but in the past they have refunded me those charges since they didn't really earn them and the fee goes straight into their pockets. Now that my contract is up, they are refusing to refund me money that is basically stolen because I might close the account. $160 dollars that they took from my business/child because they "can". Be aware of any and everybody when looking for services. Most the time they are trying to trick you into something.

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    Reviewed Feb. 5, 2017

    They tack out money in the name of IRS more than $2000 and hold the money. They your co is not verify. When I contact them why guys holding my money they said "we transfer the money to IRS" and when I asked IRS "you received my money?" they say no so since I haven't got my money back from Leader Merchant Service so please help me out to get my money back.

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    Verified purchase
    Customer ServiceContract & TermsStaff

    Reviewed Jan. 20, 2017

    I decided to apply for an account with Leaders Merchant. Of course the representative Mo was very friendly and went on and on about how highly recommend that his company was in the reviews but I became suspicious and decided to check out the reviews myself and after looking at the Consumer Affairs report became very dissatisfied and called Leaders Merchant back to ask questions. Of course the representative Mo kept stating that there will only be a fee when there is a merchant charge. Then a few minutes later I received an email saying that there was a statement balance of $45 so I called Leaders Merchants back again and he said "Oh, I made a mistake. I forgot to remove that," then I started asking more questions and he made a comment "Oh well, I don't know what they do upstairs."

    So the next day I went to my bank and showed the reviews to the representative and closed my bank account and the bank notated that if there's any charges to my account that there will be considered fraudulent. The representative at the bank informed me to contact Merchants to make sure the account was closed. The first representative at Merchants told me that the account was never opened then two days later I received an email stating that my account was closed. After I became suspicious I recorded all the conversations between myself and Leaders Merchants. I feel that the reviews are right on after dealing with this company. Mo never stated anything about a contract or anything just that his service was free. I thank the people that wrote these reviews and I feel it saved me from a scam.

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    Customer ServiceStaff

    Reviewed Jan. 15, 2017

    This organization is so ridden with fraud. I signed up for a credit card for a 10 day period. Told the sales rep several times that's all I needed it for. I signed off on an equipment form and was charged $40 to turn it on and send it. OK - I used the machine ten days - no problems - packed it up on my dime and shipped it back like the rep told me to do. I said I would like to get it back in the spring when my seasonal biz picks up. He said fine. A month goes by and my account is hit with a $56 dollar fee. Internet fee???

    I called and they said I needed to sign a form saying I wanted to cancel. I said I sent all the equipment back like I was told a month earlier. She said "oh the sales rep didn't tell you" - I said no. She emailed me the form. I signed it and a week later I was hit with a $350 fee. I never signed a contract - I am researching all of this. PLEASE do not do business with them. THEY lie - misdirect you - never give you an answer - just keep hitting your account with fees. How can they keep getting away with this. I have already contacted my attorney.

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    Customer ServiceContract & TermsPrice

    Reviewed Oct. 25, 2016

    When I contact the Merchant for the first time I received the following in an email: "In the Key Accounts Department, we waive a lot of the fees that you are probably currently paying such as - No Customer Service Fees, No Statement Fees, No Batch Fees, No AVS Fees, No Annual or Monthly PCI Compliance Fees."

    When I got the contract there was a $40 fee for non-PCI compliance. The guy signing me said just don't worry about it. He also said there is no contract. I can terminate anytime. First 12 months went fine with no issues. After that they started charging me $40 and another $9.95 a month. I called them and decided to cancel and got slapped with a $350 charge for early termination that was in a very small fine print. BEWARE. Stay away from this Crooks.

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    Customer ServicePriceStaff

    Reviewed Oct. 24, 2016

    Called in to Leaders to create my merchant account. Spoke with a nice lady, very pleasant. We talked about the rates, I was very satisfied. I get the application, I sign it all well and done however next day I receive an email stating that my account has been closed and I am charged $350. I call up customer support, they keep bouncing me from department to department. In a couple of call attempts and around 3 hours later I get to the merchant services dept. Guy tells me he doesn't have to reveal to me why they closed my account. So I tell him that "it's a very nice business you got there...opening accounts for people, closing them the next day for no reason, charging cancellation fees and then ignoring your customers", to which he didn't respond and transferred me to another lady.

    She told me that she "Thinks"...She thinks...that the account was closed because they don't work with businesses like ours. To which I replied..."But I told you what I do and you still sent me the application, you still approved me...and after I got approved you are going to tell me that you...Think...my business isn't good for you and charge me $350?" After which she told me that she's sorry but it's in their policy. So I checked the policy and the policy stated that the cancellation fee applies only after the account starts processing payments. My account was closed on the same day as it was opened. In any case, never got a refund, never want to deal with this company again, and I suggest everyone who is looking to open a merchant account not to even look and Leaders direction. THEY ARE SCAMMERS AND LIARS!

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    Customer ServiceStaff

    Reviewed Oct. 13, 2016

    One of the better local merchant services I've worked with in my 10 years in business. Reliable card readers and decent service. I've talked to several of their customer service reps and they were all helpful. Would recommend.

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    Contract & TermsPriceStaff

    Reviewed Aug. 18, 2016

    Advise to any small business looking to get involved in a credit option for your customers, this company is not where you want to be. I run a small fitness facility and spoke with a "Mr. **" who feed me anything I wanted to hear, seemed like an great person to work with. I informed him that any fees upwards of $30 a month on top of the usage fee would not make sense for my business as 80% of clientele pay CASH.

    Mr. ** eliminated a few charges off the contract for me and sold me on the company, I was to be paying around $15 a month + .05% each use. However I was billed $40+ month one, $40+ month 2 and then an amazing where the F did that come from $172 the third month. I was informed by customer service that all my fees together would be around the $40 a month and that I have an annual fee of $129 a year (Happy ** day).

    I immediately went to cancel the account and turns out I have been hooked into a 3-year contract and that it would cost me $350 to close the account. Anyhow I closed the account after being dicked around a lot and I do mean A LOT by Mr. ** with his claims to do right by me. Paid the $350 to cut ties with this terrible company. Please learn from my mistake and look elsewhere.

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    Customer ServiceStaff

    Reviewed Aug. 9, 2016

    All was good when I set up account. Nice guy. Very personable. I thought I was off to a great professional partnership. Explained that I was an independent part time therapist who only occasionally had someone want to use a card and I wanted to be able to extend that courtesy. I've been in business for over thirty years. I know when I've been lied to and cheated. I was not told that I was signing up for three years and that there would be a $350 cancellation fee. I never would have agreed to that. I understood that monthly bill would be approximately $25 - $30 given what I do, It's been $75-80 a month for running maybe two transactions a month... to be fair, maybe four, amounting to no more than a couple hundred dollars a month if that (occasional insurance copay). Ludicrous.

    So I called to cancel. First they wanted to lower my monthly fees to get me to stay (why didn't they do that when I signed up?). Then when I went off on the customer service rep she said she would 'reach out' to corporate to see if they would lower the cancellation fee to $250 and get back to me. I told her that I was livid and wanted to hear from her boss. I doubt I'll hear from anyone and I'll have to call back and spend another couple hours on the phone for the privilege of paying them a cancellation fee and I'll be expected to be grateful if they agree to lower it to $250.

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    Verified purchase
    Customer ServiceStaff

    Reviewed July 25, 2016

    I canceled my account with Leaders because they lied about fees, has the worst customer service, and they offered me a refund but I never received the refund and their manager Travis and Brice never answers the phone or returns my calls since they offered me the refunds. They owe me refunds on transaction fees for $12,403.60.

    On June 30, 2016, their manager Travis agreed to a recorded phone call where he stated he would give me a refund roughly around $500. He said he submitted the request on June 9 and June 14, 2016. It is now July 25, 2016 and I have not received any refunds. I called and left Travis and Brice about 5 messages or more and have not heard back from them. They also raise rates on you periodically without even notifying you so make sure you check every statement every month. Make sure you record all your calls with them because they will lie.

    They are a dishonest company with customer service reps who treat you poorly! PLEASE DO NOT TRUST THIS COMPANY AND DO BUSINESS WITH THEM! There are plenty of excellent merchant service companies out there that won't lie and hide fees! I have a new merchant service company now and they are awesome!! They offer lower fees, excellent customer service, no cancellation fees, and most important of all, they are upfront and honest about any fees and trustworthy!

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    Verified purchase
    Customer ServiceStaff

    Reviewed July 8, 2016

    DON'T USE THIS COMPANY, LEADERS CHEATERS SERVICES... I was verbally told of a $9 monthly fee which turned out to be $39. Was charged $168 two months later for what they say security fee. Then tried to close out my account and not use this company anymore and was told there is a $350 cancellation fee that when I remember asking the agent if I want to get out what do I do and he said just call to stop using them. That was a lie. It also took 3 weeks to get a hold of someone, plus they will pull this card that "that employee no longer works with us". I never even got to use the credit card reader but I was left $500 in the hole after I wanted to not use LEADERS CHEATERS anymore.

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    Customer ServiceContract & TermsPriceStaff

    Reviewed June 30, 2016

    This company is horrible. I was told by the salesperson that there were no monthly fees at all. I start to see monthly fees. I email the salesperson and he never responds. Next month, a monthly fee for more money. I call and they tell me that the contract (small print) says that there is a monthly fee AND there is a formula based on use that makes the fee go up each month based on how much you use it (never discussed!) And that I am in a 3 year contract and it will cost me $350 to get out of it! (NEVER DISCUSSED!!!) In my opinion, Unethical company.

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    Reviewed June 7, 2016

    Initially using Leaders Merchant Services as our POS Credit Card merchant bank vendor. We decided to switch to another vendor. We both telephoned and sent a request for account termination via USPO mail. Months passed and we were still being charged monthly fees. We again telephoned and were told no such request was received. We have since sent faxes on two more occasions, as well as telephoned, and we keep being told "no such request received" while they keep charging us against our Corporate credit card account. This is clearly robbery; a refusal to terminate an account upon customer wishes. We informed Leaders Merchant today, June 7, 2016 that we will institute legal proceedings.

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    Customer ServiceContract & Terms

    Reviewed April 28, 2016

    Today I was congratulated for being "Approved." After reading a suspicious review about the company, I did some further investigation and found many MANY dissatisfied customers. This frightened me because of all the hidden fees, charges, etc. So I called the company and YES! They confirmed my fears! I was told when I talked with the sales representative that there would be NO monthly fees charged for my account.

    But now that I have an account, the story has changed and I DO have a monthly fee. And there is a $350 fee to discontinue my services which I haven't even used ONCE!!! Without even using their services, they told me I should have read the 64 pages of the contract and that it is NOT their duty to inform me of extra fees. It was my fault (and yes, it was... I put my trust in this misleading company). Please stay clear of this company. They even hung up on me (I did not use foul language or raise my voice.) It was a VERY EXPENSIVE lesson to learn.

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    Reviewed April 2, 2016

    I've worked with them in the past and had no problems. The machine they gave me was pretty new and it was exactly what I needed. No company is perfect but Leaders will definitely do the job.

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    Customer ServiceStaff

    Reviewed March 24, 2016

    As a business owner I was approached by this fraudulent company that they could save me money on my processing fees with no monthly fees and lower processing fees. First month seemed ok. Second month I got charged a monthly fee of around $54.00 which they reimbursed me when I called and inquired about. After that every month my monthly fees exceeded $100.00 plus I was getting an additional $8.00 fee which no one could explain why. After this continued I called to cancel my account and was charged a $350.00 cancellation fee. When I called customer service to ask if they would negotiate with me they flat out told me "No". I have absolutely nothing good to say about this company or their employees. Do not do business with them. They will rip you off!

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    Reviewed Jan. 11, 2016

    This is the WORST company in the history of companies, ripping people off. They have an insane amount of hidden fees. I use the for 2 transactions only and they fees is costed me more than what I made. Stay away! Total FRAUD!!!

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    Customer ServiceInstallation & SetupPrice

    Reviewed Dec. 26, 2015

    Got an account with them. A salesperson came to my house. I was told $100.00 for activation then $15/ month 3% of charges. So far so good. First bill came 29.00, next 39.00, next month $69. First charge to a customer did not worked... oops, then 129.00. Sent a cancellation certified letter to their shady PO Box address asking to return overcharged fees... Never got any answer. I have stopped payment from my bank. I called them this week and was told to contact customer relation. Called them yesterday and was told I need to contact collection, but they are not there... amazing! Today came through another account 2 charges of $350.00. If they are not scammers then I don't know what they are. STAY AWAY FROM THIS COMPANY. THEY ARE SCAMMERS.

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    Customer ServiceStaff

    Reviewed Dec. 10, 2015

    THIS COMPANY PUT IN HELD MY MONEY FOR THREE MONTHS AND THEY NEVER REFUND COMPLETE MY MONEY, without having any reason or basis. THIS PERSON Aimee ** of Risk Management, very unprofessional and despot person, never answer my calls. NOT RECOMMENDED, FRAUD COMPANY.

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    Customer ServicePriceStaff

    Reviewed Nov. 2, 2015

    When you call for information are very helpful giving me all the information and competitive prices with respect to others and with very good deals. The first thing that occurred to me was that they took more than 48 hours to deposit the money in my account after they began to collect things that had never told me. And I call them and they said that was a mistake. And the next month I was charged an annual fee. which never know about that. I call them and the person who attended me was either negligent and said that was what I have to pay. That made me angry and I call to cancel my account which I had been told that I could cancel anytime. And I cancel and they charge me $350 fee for cancellation. Something that no one tell me. This company is the worst thieves. Are used in less than 3 months they take me more than 1000 dollars. Now no one answer the phone or give any explanation. Don't use this company.

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    Customer Service

    Reviewed Sept. 30, 2015

    OMG! I applied for Leaders Merchant services because it was rated in a top ten of the best review. I was approved and after the first few attempts at making charges, they all failed. I called customer service and they attempted to remedy. They failed. They said they would call me back, they did not. I called them back and made several more attempted charges with no success. I received an email days later stating that my account has not been used within the last 30 days and was being deactivated. I only had the account for less than a week!

    Then I received another email with a new account. I attempted to make charges again with no success. I called Leaders Merchant services again and they failed to remedy my account after nearly 10 attempted charges. I have two small businesses. This company is a joke! Now, I wonder if they paid the review company to put them at the top of the list? DO NOT waste your valuable business time with this unprofessional, non-working, fraudulent company. You've been warned.

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    Customer ServiceContract & TermsCoveragePrice

    Reviewed Aug. 28, 2015

    I signed up to have them process our credit card transactions, took forever to get a reader in the mail. Two days after the reader arrived I noticed a $25.00 debit on my account, it is from Leaders. I call them and they tell me it is because there were no transactions in the prior month. I explain to them that I basically just got my reader from them two days ago, they pretty much laughed at me and copped an attitude.

    When I told them that I was not told about the monthly fee of $25.00 dollars they again laughed and the gal said "It is HIDDEN in the fine print, you should have read it." Then I told her I did not want to do business with anyone as shady as them and that I would cancel the contract. Again, laughter and sarcasm... "Well it will cost you $350.00." At that point I asked "For what?" "There is a cancellation clause in the contract" they said. Look, I asked the ** guy who talked into this all the pertinent questions about the very same crap they have now charged me for, his answer was always "no no such fees or termination fees". Look, these company is NOT good. Do not do business with them, read the reviews about them. What little you stand to save in transaction fees does not cover the problems and the amounts they will rip you off for. STAY AWAY!!!!

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    Customer ServiceStaff

    Reviewed May 15, 2012

    My partner and I have been clients of Leaders merchant or should I say (crooked scammers) for about three weeks now and we have been dragged through the mud ever since our first transaction. We have had problems after being notified days later our batches were approved and we were to receive our funds in 24-48hrs from then but low and behold our funds were placed on hold once again, another void to stop us from receiving and funds.

    But yet they had already taken their service fee out of my bank account. I even received a letter in the mail yesterday stating that $1.85 has been deducted from my bank account from a compliance fee. also I received a call the same day my funds were placed on hold and talked to an analyst named Heidi **. The woman has an attitude from hell and she gets away with talking to us merchant holders any kind of way. She makes many excuses for why she can't release the funds as well as even lying about information dealing with our clients that can be told.

    This has been going on for far too long. This company is getting away with murder and it's time they are punished for their crime and disrespect. All we wanted were our funds nothing more nothing less. Yet all we have received is attitude and pain and suffering. We want to start up a class act with others that have had to deal with this company's lying and disrespectful associates.

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    Customer ServiceContract & TermsProcess

    Reviewed Jan. 17, 2012

    In the beginning I made sure there would be no early termination fee. It is in my contract. Now more than a month later I have a 350.00 dollar cancellation fee taken out of my account. I have called them and they said "oops your right". Now they are telling me I have to wait 30 days for my money to be returned to me. Because of the process. Now I do not have use of my money or the money I could make off of that money for 30 days.

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    Reviewed Jan. 10, 2006

    The above company is withholding $6670.00 from our company. This money was for final payment on two of our jobs and one was for a deposit on job. We did have a chargeback with this company, that I responded to in the correct manner according to Mr. **. I was told on 1-3-06 I would be receiving the monies within 24 hours, the on 1-4-06 I was told that I would not be receiving my money for 90 days. I have filed the paperwork required by this company and they will not release our money. This chargeback has nothing to do with us considering that we are the new owners of the company as of 10-15-05. The customer signed the contract on 10-8-05. We have not had any chargebacks since taking over this company.

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    Reviewed Dec. 9, 2005

    I was charged a $99 annual fee that I was not informed about. I wasn't charged this until I cancelled my service with this company, which has also threatened to charge me $350 for cancelling. I am a small business and I wanted to use them as my merchant service provider for credit card transactions. I was unhappy with my services which I felt was inadequate. I would loose customers who waited over 20 minutes for transactions to be processed. When I cancelled this is what happened.

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    Leaders Merchant Services Company Information

    Company Name:
    Leaders Merchant Services
    Website:
    www.leadersmerchantservices.com