Riverside Payments Agrees to $600,000 Settlement
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On November 4, 2026, Payments Dive reported that Riverside Payments and its affiliates Cascade Equipment Leasing LLC and operators agreed to pay $600,000 to resolve allegations brought by the U.S. Federal Trade Commission (FTC) and Washington state. The allegations stated that these entities had misled small businesses about payment processing costs and cancellation terms. The report did not disclose other specific terms of the settlement agreement or state whether the entities admitted to the allegations.
AI-written from reports · updated 3 hours ago
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- Payments DiveRiverside Payments Agrees to Pay $600,000 to Settle FTC Allegations Over Misleading Processing Fees
Riverside Payments, its affiliate Cascade Equipment Leasing LLC, and its operators agreed to pay $600,000 to settle allegations by the FTC and the State of Washington that they misled small businesses about payment processing costs and cancellation terms.
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