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Momentum Payment Systems
Momentum Payment Systems Rips off businesses using leases for processing equipment. Internet
8th of Nov, 2010 by User315289
Leased a couple of different credit card processing machines from these people. The lease is for 4 yrs and by the time the lease is up a $300 machine will end up costing my business $3600. Not only that but the previous machine was tacked on to this lease. I was told it is reprogrammable and everyone that I have spoken with says it is not reprogrammable. Even if I turn the machine in now I am liable for the remainder or the lease, and then at the end of the lease I have to (A) return this machine that cost $3600 out of my pocket back to them, or (B) pay an additional $360 to keep it. What a ripoff this is. I hope everyone reads this before deciding to lease anything from anywhere. I can't believe the US District attorney's Office is not aware of this type of theft and deception.
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