Let’s take a look at what the lawsuit claims and what you can do if you process credit cards through Wells Fargo Merchant Services. Wells Fargo Lawsuit Wells Fargo’s Response First Data’s Role Does this affect you? What to Look For Tiered Pricing Excessive Bundled Rates Billback Pricing Interchange Clearing Fee Excessive Interchange Markup Equipment […]
In the latest accusation against Wells Fargo, the company’s merchant services division is facing a lawsuit that alleges misleading sales tactics, expensive cancellation fees, and overbilling, including mislabeling some of its own fees as interchange.