Merchant Account Cancellation Fee

October 3, 2010

October 3, 2010

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Merchant accounts should not have cancellation fees, period.  They take very little work for the processor / merchant acquirer to set up and, if the processor is not doing it’s job and you are not happy, you should be free to leave without penalty.   Merchant account providers often sneak cancel fees into the fine […]

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Merchant accounts should not have cancellation fees, period.  They take very little work for the processor / merchant acquirer to set up and, if the processor is not doing it’s job and you are not happy, you should be free to leave without penalty.

 

Merchant account providers often sneak cancel fees into the fine print of their merchant account agreements in order to reduce customer attrition and increase their ability to raise rates on their existing customer base.

We hate cancel fees too and don’t allow them on FeeFighters, at all, you will never find a cancellation fee on FeeFighters.com.

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