Dear All,
Recently our company utilized the services of a Payment
Processing Company known as Chainfusion which managed Buybuttonz
and 12epay.com
Please be warned of their unethical practice of purposefully
witholding earnings just because their terms state that they can
hold the monies for 6 MONTHS.
Our company suffered accusations from customers when the staff
accidently made double charge as their system has NO REFUND BUTTON.
But we sent an email asking their Chief Financial Director to
cancel immediately but they did not and purposefully allowing the
accidental charge to be canceled become a chargeback case. Using
that as reason, they hold ALL OUR EARNINGS of up to $200,000
SGD This has been carrying on from February 2008
till TODAY July 2008.
We need to pay bills, outsource services, rentals, amongst so
many other committments and we cannot do anything except suffer and
wait on... a court case would mean forking out more monies. But
CHAINFUSION has our monies.
We place this notice as an effort to warn others who might end
up in the same situation if we kept quiet. We place this notice so
as for you to learn and not suffer this painful lesson.
A similar notice was placed here yesterday, but removed. Why ?
What is your reason for removing a notice that is placed to warn
our readers of the dangers of an unethical merchant account
provider like Chainfusion! I will take a Printscreen of this Notice
and the next time if it is removed again, I will understand why. I
will post on American servers whom allow freedom of speech.
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