Leadersmerchantservices Reviews

Stay away from Leaders Merchant Services Paysafe Con Group

This company operates under several companies without informing the merchant Biggest fraud of a group of companies IPayment Leaders Merchant Services National Bank Card and others you must ask before you get a merchant account with those thieves con artists The government should shut down that group and charge the owners with fraud My funds were just held almost 20000 hurt our bottom line and we cant stay afloat and pay bills We never had a charge back or reversed charge or a single complaint for 3 month but looks like this company in trouble and does not have the money to fund merchants so they make a fraudulent excuse to hold our money Outsiders from out of the US Con Artists they can shut down and we lose everything There is no insurance we will get our money if they run with our money Dont sign up with that group or you will lose everything and shut down your business They should be charged Stay away there are many legit companies Do Your Homework I did not and it will cost me a lot I am complaining to the FTC and The State Attorney plus many government agencies First Data will never do that to merchants only this CON GroupJust found out also they have many complaints with the BBB and they do not solve any or bother to answer the BBB BBB has a Fraud Alert regarding their business practices under a different business name Merchant s Choice Payment Solutions Inc one star not BBB accredited neither Leader Merchant services the other name for them Just reported them to Texas Attorney General and California Attorney General They will steal your money UPDATE Today s date is 12 08 20 and so far they have not responded to any BBB complaints or responded to Attorney General office who are investigating that business reviewing all the BBB complaints and the mother company PaySafe con groupUpdate JAN 07 2021They never answered to any complaint from BBB or Attorney General offices They will steal your Money and ruin your Business Do Not Trust the fake positive reviews they are employees trying to give them credibility DO YOUR HOMEWORK Scam Company

ACCOUNT UNDER REVIEW - FUNDS WITHHELD

We started using Leaders The Merchant Services Company in May-2021 In those 2 years our account has been under REVIEW twice and credit card charges were blocked from being deposited into our bank account The company that is in charge of the REVIEW is called PaySafe Group The current REVIEW started on April 10 2023 and is ongoing We have not had any credit card charges deposited into our bank account since the REVIEW started We did not know our account was under review until May 4th 2023 which was 25 days after the review started We learned about the REVIEW when we received an email from PaySafe Group requesting documentation which we forwarded on May 5th 2023 We was told on May 8th the review was complete and the money would be deposited into our account On May 16th 2023 We contacted PaySafe Group because the money was still not deposited into our bank account I spoke to someone named Steve that worked at PaySafe Group he refused to give me his last name and was told that my account was still under review and our company would need to forward 3 months of bank statements When I complained that our money had already been held up for 36 days Steve told me that our company was a liability to Leaders and that PaySafe could hold our funds for up to 6 months During my conversation with Steve he was curt rude and unprofessional The trend that I notice with PaySafe Group is they tell you the review will only take a couple of days and request documentation When the couple of day has expired PaySafe Group will request more documentation In this manner PaySafe Group drags the REVIEW process out making it take longer than expected The process could take could take days weeks or months When you deal with PaySafe Group expect to be lied to by their employees Any company dealing with PaySafe Group should expect to as treated as though you are guilty until proven innocent

DO NOT USE

DO NOT USE Agent told me he was cancelling our account I filled out and signed the paperwork Only to find out he never finished it and this company proceeded to bill me over 400 I have ALL documentation showing it was THEIR fault and they proceed to do nothing Don t use

Stay Away

I had called for information and the sales person forced me into signing up and not explaining the terms such as fees for address location etc Worst customer service experience They charge you 5 for a penny test transaction I called customer service and was transferred to a very rude lady I have never spoken to such a rude person providing customer service before Stay away if you don t want to be ripped off

Stay away from these scammers

Stay away I will give zero stars if I can I have had terrible experience with this company There are always countless hidden fees that no one can explain As a business owner I have no time to argue with them every time I think that s how they stay in business They told me they won t charge rental for their card processing equipment after I pay for it I paid and emailed them four times to confirm I won t be charged rental again They did not reply And of course I got charged again I contacted them to request a refund I will also raise a claim with my bank if they refuse it I am already looking for another credit card processing company They are horrible and make running a business even more stressful and time consuming than it needs to be Stay away Update I closed my account I had to pay my bank 30 just to stop them from continuing to take money from my account after I close my account they are notorious for continuing to steal money after account closure please read other online reviews But it s 30 well spent because at least it gives me peace of mind That s the amount of stress you will get if you do business with them Please spare yourself from this nightmare Update they suddenly started charging 19 95 month as a Fraud Management Fee and an additional gateway fee of 5 per month for Backup Virtual Terminal program they claimed that backup virtual terminal is for you to use in case your real card reader is not available but actually a virtual terminal has always been available as a service before They sent out an email notifying merchants that they will be enrolled in a program which allows them to submit claims to Encytro to receive reimbursement for covered chargebacks and costs 19 95 month as a Fraud Management Fee and the Backup Virtual Terminal program 5 month You will need to actively opt out to avoid these fees As a busy business owner I did not see that email But they refused to refund me the money claiming that in the contract I signed I agreed that I may be enrolled in Additional Services This is how they will treat you if you work with them Please avoid the company at all costs

They held our funds and then closed our

They held our funds and then closed our account the manager for their risk department because they do not want to do Business with Black LatinX Businesses They are racist

I opened a small account for a reader

I opened a small account for a reader I decided that I didn t need it so I phoned to ask that they close it I was told that it would be closed by the representative I later discovered after nearly nine months they were charging me for inactivity I never used the machine at all They stole over 1 100 from my account and refused to pay it back They offered three months of it back and I requested it all After going to the BBB they lied and still refused to pay me the money they owe me I have prayed that nothing good happens for the individuals or this company for the past year and it seems that my prayers are working Nothing good will come to this company because they cheat lie and steal from people trying to do business with them Don t trust a word that comes out of their mouths I hope they go out of business real soon and 2024 finds them all out of jobs They are scammers

The most pathetic company They will

The most pathetic company They will take all your personal details sign you up for the account will pull the credit and without any reason will close the account And moreover this company is connected with the biggest fraud company that is Paysafe Whatever positive feedback you can see that has been posted by the company s own people Big fraud company

Scam

Like many of the other companies here we set up our account with Leaders and very first transaction the money was put on hold They did not provide any notification and all following transactions were put on Swipe simple showed they were authorized Finally got in touch with someone and they stated they wanted to do a risk review Over a month later after not answering emails they decided they would hold the money for 180 days I closed the account that day now I m just waiting for over 10 000 in revenue my company earned