I-Payment withdrew $129 from my business account for PCI (payment card industry) compliance after my account had been closed for two months. When I called them to ask what was going on, they said the charge was for an annual PCI compliance fee billed from May to May, so the fee was owed for 2011. My account was previously charged monthly for PCI compliance. When I closed my account (due to dissatisfaction with the company) no mention was made of this pending charge. I can't prove this is fraud, but it smells like it.
I discourage any vendor or merchant from using this company for credit card processing.
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