Making the fine print BIGGER that's RESPONSIBLE BUSINESS.
We had been with another Credit Card Processing company for many years. I would not have switched companies except that, the company the salesman represented was QUICK BOOKS/INTUIT. IMS is a subsidary of INTUIT. Every bit of material he displayed had the QB/Intuit logo on them. Because I've been using Quick Books for well over a decade, and his good sales approach, I switched (over the objection of my wife).
We were with that company for a year or more (don't have the info available). Our old provider's representative stopped in from time to time (ashealways did) and showed me some of the sales techniques IMS does; and how they hide various charges. Once I saw this clearly, I switched back. But even then, I waited for about 2 months to see how things shook out. Finally, today (Jan 8, 2008) I called IMS to cancel. It was then that I was TOTALLY SHOCKED AND ANGRY THAT they would add insult to injury by applying a "fine print" element of the contract that allows them to APPLY A A $295.00 CANCELLATION PENALTY to my account!
This is TOTALLY OUTRAGEOUS.
I should know better that the sales reps are eager to get a signature RIGHT AWAY.
I should know better that their sales reps are NOT INCLINED to POINT OUT something as important as the CENCELLATION PENALTY when they sign up new customers, like me and thousands of others.
I should not expect .. that there are ETHICS involved in business. Where ARE THEIR ETHICS?
I have used QB-Pro and Turbo Tax for over 15 years. I trust that company.
A Cancellation penalty is unreasonable, unfair and wrong, sir or Madame. For that matter, so is a "Minimum Monthly Fee" and a "Customer Service Fee" especially when there is INACTIVITY ON THE ACCOUNT. What excactly do they do except send out a mass mailing of billing statements.
If this company follows through with this $295 PENALTY for my "Mom & Pop" business ... then I call this WHITE COLLAR CRIME Sure, its probably legal, but ...
Is it ethical?
if they do in fact intend to carry that out, I did ask for a RESPONSIBLE representive from INTUIT / QUICK BOOKS / INNOVATIVE MERCHANT SOLUTIONS to explain (Justify) the basis for this. How can they possibly justify tacking on monthly fees, processing fees, minimum processing fees, manual input fees, etc, and still make more money off poor, unsuspecting slobs (like me) by effecting a CANCELLATION FEE.
You don't know how angry I am.
BOTTOM LINE: I ask all persons considering using QUICK BOOKS/INTUIT/INNOVATIVE MERCHANT SOLUTIONS to
BEWARE THE LEGAL WHITE COLLAR CRIMINALS at this firm.
They are LEGAL CROOKS. THEY HAVE NO ETHICS. THEY LOOK FOR CLEVER WAYS TO CHEAT UNSUSPECTING CUSTOMERS.
SHAME ON YOU, QUICK BOOKS.
SHAME ON YOU, INTUIT.
SHAME ON HYOU, INNOVATIVE MERCHANT SOLUTIONS.