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Competition Law - Merchant Services

  • 28-03-2012 3:54pm
    #1
    Closed Accounts Posts: 61 ✭✭


    Currently I have a merchant accounts (credit card machine) from AIB, the actual machine is leased from another company. I have been offered
    better rates for lease and charges from BOI and AIB/leasing company are not going to match them am I entitled to move contract without being fined or restricted.

    If I cancel the service the leasing company have said I will have to pay out the 43 months @ €30 per month

    under competition law have i any options?


Comments

  • Legal Moderators, Society & Culture Moderators Posts: 4,338 Mod ✭✭✭✭Tom Young


    What do you think yourself?


  • Registered Users, Registered Users 2 Posts: 34,111 ✭✭✭✭listermint


    You signed up for it....


  • Closed Accounts Posts: 61 ✭✭leshogan


    Yeah, but didnt know I had to change. I think it sounds like nonsense, but someone else said it to me


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