Leaders Merchant Services is a merchant account provider that specializes in payment equipment. It offers various credit card processing options including face-to-face, in a mobile environment, over the phone, or via a POS system. In this article, we cover Leaders Merchant Services reviews. Ready to get started? Get a free quote.
Leaders Merchant Services Pricing
The Leaders Merchant Services pricing details are not readily available on its website. However, according to a third-party website, Leaders Merchant Services charges a monthly service fee of $7.95, plus credit card processing fees ranging from 1% to 4.99%, with a minimum total monthly fee ranging from $20 to $25.
Leaders Merchant Services also charges an early termination fee of $350, and PCI Compliance fee of $129 per year.
Ready to get started with Leaders Merchant Services? Get a free quote.
Top Merchant Services Providers 2019
Summary of Positive Leaders Merchant Services Reviews
As of the date this article was written (May 23, 2019), there are very few positive Leaders Merchant Services reviews online. However, users noted that it provides an adequate list of services for merchants.
Summary of Negative Leaders Merchant Services Reviews
Users who gave a negative Leaders Merchant Services review reported that its agents lie and engage in fraudulent activities just to get merchants to sign-up, such as not declaring the true costs of using the service. They also added that the cancellation of an account entails an exorbitant fee and that it is almost impossible to get out of the contract.
One user who gave a negative Leaders Merchant Services review on Consumer Affairs said that it took five days before he received payment from his customers. He added that the fees he was charged were much higher than originally quoted, with all kinds of add-on fees.
Top Merchant Services Picks from Fit Small Business
7 Best Merchant Services Providers for Small Business 2019: We reviewed the top-rated small business payment processors in terms of fees, plans, and customer support for this guide. We also made certain to include all four payment processing fee structures in our mix of providers. This will help you understand how credit card processing works and determine which is the best merchant services solution for your business.
Check out the list below of some of Leaders Merchant Services’s features:
- Simple application with no start-up fees
- Variety of POS options
- EMV payments
- NFC payments
- Loyalty program
- Merchant cash advances
- Business loans
- And more
Leaders Merchant Services FAQs
What kinds of equipment does Leaders Merchant Services provide?
Leaders Merchant Services provides customers with access to dial-up terminals, as well as PIN pads, check services readers and imagers, smartphone solutions, and standalone printers.
How long does it take for a merchant application to get approved?
Leaders Merchant Services helps businesses to quickly accept and process credit cards. Approval of applications for a merchant account can be done within the same day.