This company will accept your account to process credit cards. They promise payments to you within 3 weeks after beginning to process. It took 8 weeks to get the first payment. Each week they have many excuses about the payment to your bank. Then notified us they have been shut down by their bank due to high charge backs by other merchants. They claim that they would pay us 6 months after the account was closed. After the 6 months went by, they claim that they are trying to get paid by their bank and will divide the remaining funds between all the other merchants equally. 8 months has gone by and no contacts and no replies to email requests. STAY AWAY FROM THESE PEOPLE unless you want to be ripped off!!!!! They operate several other websites that offer merchants accounts.
CNG Processing is not a scam company and the story refer to a company named OmniPayment based in Lebanon that we are not associated with. We do whitelabel our system to companies who have their own banking and client relationships and the reporter may have been a client with one of our previous customers.
CNG Processing A/S (est. 2005) is based in Denmark and regulated by several authorities (Danish FSA, PCI-DSS) and are partly owned by danish government including being a MasterCard ISO/MSP member.