Innovative Merchant Solutions Complaint - Fraudulent Contract Practices
Business Owners BEWARE of Innovative Merchant Solutions. They are a credit card processing company. They are owned by INTUIT. Beware! When you sign their contract there is a clause that states you are agreeing to everything in a Merchant Agreement book that is 47 pages long and can be changed at any time, but it is your responsibity to keep reading it on line, they do not even have to tell you they are changing it. On page 12 of said Merchant Agreement they have a $395.00 termination fee that they charge you when you terminate their services. Even if you keep their services for years and years. Nonending termination fee.