Scam – Wells Fargo Calling… NOT!

MerchantProcessingNMScams Against MerchantsLeave a Comment

Recently a customer relayed a story about her previous processor, Bob. He prospected her on the phone and told her he represented Wells Fargo, which just happened to be her bank. He told her she would save money on her checking account fees if she used Wells Fargo credit card processing services. So she signed up. When she got the first statement, she discovered that her processor was not Wells Fargo, but some company out of state.