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Shacti / Ripoff from Bank Accounts

1 Bisbee, AZ, United States Review updated:

On the morning of Monday, 07/20/2009 I found on my bank account a pending debit of $150 from Pipeline Data Processing, Inc. I immediately researched on line to find that Pipeline

Data Processing appears to be one and the same as CTS Holdings. I also found that many other small business owners who used CTS Holdings had found similar deductions from Pipeline.

I immediately contacted my bank to stop this unwarranted debit from bank account. I would immediately cancel my relationship to CTS Holdings, however I find that thereis a clause in the contract which allows them to collect a $300 cancellation fee if I cancel
within a three year period.

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  • Aa
      2nd of Oct, 2009
    0 Votes

    I just found a $150 debit from CTS Holdings LLC on my business mercahnt account also (debited 2 days ago). I googled to get their phone number and found a slew of complaints about them (that's how I ended up here). I wish I had seen this sooner! I've had my merchant account with CTS Holdings for 10 years. I deserve more than this and there is no way they can charge a cancellation fee after 10 years with the company.

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