Leaders Merchant Services - Dishonest and cheat... lying thieves
This company has hidden fees, higher percentage of fee collection from sale than quoted.They have an extremely difficult compliance process and fined monthly when you couldn't complete compliance form easily.
They say they will help you walk through the process while you were at your computer, but conveniently.. their system was down twice when I tried to work with them. Once I finally completed by just arbitrarily saying yes and no to questions a college professor with 3 masters in business couldn't answer. Then days later was sent a notice that compliance wasn't valid until I electronically signed through another very difficult, nearly impossible process.
Hence, more fines and finally when I had enough, and tried to cancel their services so I could quit getting fined, they had the balls to charge me a cancellation fee.
My total charges for the estimated $600 I collected in sales over 5 months....
$854.And I'm not sure I'm out of the woods yet.
Monetary Loss: $800.