WA, FTC reach $600K settlement with payment processing company for deceptive practices

WA, FTC reach $600K settlement with payment processing company for deceptive practices FOR IMMEDIATE RELEASE: Nov 2 2026 atgSamBlobaum Mon, 11/02/2026 - 11:59 Washington small business owners will receive financial relief through a $600,000 settlement with the payment processor Riverside Payments, Inc., its affiliate, and the companies’ owners, resolving allegations the firms deceived customers with false promises of cost savings and extreme hurdles to canceling when they wanted out. Small businesses will be able to cancel their processing contracts without a termination penalty under the prop…