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Report: #168807

Complaint Review: Charge.com Aka Pipeline Data - Fort Lauderdale Florida

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  • Reported By: South Pasadena Florida
  • Author Confirmed What's this?
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  • Charge.com Aka Pipeline Data 3201 West Commercial Boulevard Suite 206 Fort Lauderdale, Florida U.S.A.

Charge.com Aka Pipeline Data ripoff dishonest holds funds for gain of interest ruins business fraud Fort Lauderdale Florida

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Hello,

I signed up for a merchant account with Charge.com in September. At first everything was fine. they deposited funds quickly into my account. All of a sudden they decided to hold my funds. They requested faxes of documents including tracking numbers,invoices,previous merchant account statements, and even my domain registration. I sent all of the required documents 2 weeks ago and they promised to release the funds shortly after they recieved them.

It has now been nearly 1 month. We are 4 days from Christmas. My business is completely ruined. This company is still holding my funds! They will not answer my phone calls. My holiday has become a nightmare to say the least.I am overdrawn at my bank account. They continue to charge me merchant fees and yet they still hold the funds! What BULL S#$%&!

My best guess for their actions is that they are earning interest on the funds they hold at expense of the merchant! There is no telling how many merchants they are doing this to.

If you are considering opening a merchant account with this company I suggest you look elsewhere.FYI Pipeline data is the bank processor who is actually holding the funds. Charge.com is the merchant account. Charge.com has not done anything to help me. Great customer service huh? I think not!

Chris
South Pasadena, Florida
U.S.A.

This report was posted on Ripoff Report on 12/21/2005 06:49 AM and is a permanent record located here: https://www.ripoffreport.com/reports/chargecom-aka-pipeline-data/fort-lauderdale-florida-33309/chargecom-aka-pipeline-data-ripoff-dishonest-holds-funds-for-gain-of-interest-ruins-busin-168807. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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