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iPayment Inc. is holding $2000 of my funds because after a great 3 year track record, they decided I was a security risk due to some ridiculous chargebacks from customers which already recieved their parts. They told me they will have to hold my funds for 6 months in case another chargeback comes through. Despite their promise, another bogus chargeback came through for $700, and iPayment debited my account any ways. They told me they would use the funds on hold for future chargebacks. iPayment has stolen $2700 from me, and it took me 5 phone calls to even find out why.
The complaint has been investigated and resolved to the customer’s satisfaction.
I HAVE SO MANY CHARGES ON MY ACCOUNT WITH I PAYMENT ITS RIDICULOUS THEY ARE TRYING TO RIP ME A NEW ONE THEY HAVE STOPPED TAKING MY CALLS AND I HAVE TO USE OTHER PEOPLES CELL PHONE IN OREDER TO GET IN CONTACT WITH THEM
Ipayment is holding $3, 338 of our funds even after customer called their credit card and cleared the confusion. We called Ipayment and they said we were a security risk (We have been in business 18 years and have processed hundreds of transactions). They said that they will hold the funds another 45 days. This in THEFT and these thieves should be prosecuted. I have contacted the Attorney General Andre Cuomo of New York and The Superintendent of Banks for NY Richard Neiman. Ipayment is a fraudulent company. D not do business with them.
The same thing happened to me i made about 4, 000 then they decided wi was some bogus risk i faxed this maricris clown 5 pages of documents and tracking numbers and they still are holding money they tried to go into my personal checking account and added bogus chargebacks
ipayment has a class action lawsuit against them here is the website
www.lieffcabraser.com/consumer/ipayment.htm
write tem to join this lawsuite