Entrepreneurship & Small Business

How do I get out of my debit machine lease with First Data?

Newbie
Nov 2, 2018
1 posts
gamechanger wrote:
Jul 30th, 2018 8:50 pm
If you stop / reverse payment before the 1st full payment goes through, the leasing company will charge the lease back to First Data
Is this true? We were also mislead by the agent who said we had 30 days to cancel without penalty. We got the machine on Oct 31 2018 and called to cancel it the same day but they didn't let us do it. We haven't used the machine yet and we aren't going to use it.
Member
Feb 18, 2014
206 posts
35 upvotes
Itsrena wrote:
Nov 3rd, 2018 10:50 am
Is this true? We were also mislead by the agent who said we had 30 days to cancel without penalty. We got the machine on Oct 31 2018 and called to cancel it the same day but they didn't let us do it. We haven't used the machine yet and we aren't going to use it.
They lied to you. If you don’t make that 1st payment, the lease gets charged back and they don’t make their money. Never buy / lease a terminal. You are always better off renting. If you’d like assistance with this, PM me.
Newbie
Nov 29, 2018
1 posts
Please help!!!
Two guy from firstdata came to my business and try to convince me with the merchant. At that time i really need it and i sign to contract with him without knowing this is non cancel contract.
Now i close my business because i sold my business and trying to contact with two guy by email and phone to get help. They do not answer my question and trying tell me to call leasing global firstdata to get my answer. I try to call them and they email me and told me continue pay monthly is 110$ or full payment. If i make a payment because the contract i only pay for one terminal but they tell i have to pay for 2 terminals because the second one the guy he brought to my business he lied me as he told me it just for using free without payment charge. What a stupid!! I make a payment monthly but i felt like i was be cheat by them. What a memorize lession!! Please help
Newbie
Jan 16, 2019
1 posts
Help needed
I was told we could try 30 days in new terminals and not knowing signing a 60 months term lease with two new terminals while we still have two old terminals with First Data Global Leasing
We have no ways to get out of the leasing

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