Another U.S lawsuit against ING and its disgraced subsidiary Payvision
In Nov 2021,PayVicki LLC, a U.S. company, filed a lawsuit against Payvision and its parent company ING for breach of contract in connection with a Strategic Partnership Agreement (the "SPA"). Under the agreement, Payvision retained PayVicki for merchant referral services and agreed to pay a commission to PayVicki based on the net revenue derived from the referred merchants. Payvision failed to provide PayVicki with commissions due and owing under the SPA and has failed to provide substantiating documents for said commissions. Accordingly, PayVicki is seeking monetary damages.