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  • Report:  #474278

Complaint Review: Cynergy Data

Cynergy Data With holding credit card funds from processing Chicago Internet

  • Reported By:
    long beach California
  • Submitted:
    Tue, July 28, 2009
  • Updated:
    Tue, July 28, 2009

I took out a merchant advance through Infinity Capital in california who uses Cynergy Data as the processor. As i was paying down the advance i found out an additional 10 % was being held by Cynergy Data. This account is now closed Cynergy is still holding $13,000 and will not release until 9 months after the account is closed. Be careful and understand under the guidlines of the merchant services they cal legally hold any amount of money up to nine months.

Jeff l
long beach, California
U.S.A.

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