FDMS Payment Sense / Miss seeling of lease times
Payment sense provide card processing services to small business. DO NOT USE THIS COMPANY although there merchant account has no lease agreement and they claim low fees they set you up with First data Merchant Solutions to provide the card processing machine. I own a small business and I was mis-sold a 5 year lease for the machine at 19.99 per month no get out and also a yearly maintenance fee of £80 per terminal. Also if you want to cancel they charge you the outstanding rentals or go to court to claim it back. When you finally reach lease date they charge a £200 restocking fee to cancel. These people should be regulated disgusting service and miss selling as no contract no fee etc check check and check again if using this company. With modern tech there are alternatives for small businesses like square payments and paypal for card processing there fees may be higher but with the lease maintenance charges and cancellation fees it works out around the same with no long lease which is the same as a loan for the machine. Also the money is not transferred into your business account for more that 7 days after a card payment. This company should be put out of business and not allowed to trade and rip off small businesses beware.