Most businesses involve the straightforward exchange of goods or services between two parties at a set price. Our services may continue for years and years. We have a variety of rates and fees. The whole industry is extremely complex. For these and other reasons, our industry is prone to abuse.
Unregistered agents abound.
Quite common are independent sales people many times removed from the primary provider. If the organization with which you are dealing does not prominently identify the bank or banks with which it is affiliated, beware. Rates are just a part of the cost equation. Smart merchants insist on full disclosure of all account terms. They shun abusive equipment leases and root out all hidden fees.