FTC, Washington Take Action Against Payment Processor for Deceiving Small Businesses About Costs and Cancellation Terms

Facts

• The order requires the defendants to notify their customers that Riverside will waive the early termination fee or any penalty for rescinding the merchant-processing agreements for a 60-day period. ^[1]
• The Commission vote authorizing the staff to file the complaint and stipulated final order was 2-0. ^[1]

Sources (1)