Federated Payment Systems - Total Dissatisfaction never got paid | Glassdoor
There are newer employer reviews for Federated Payment Systems
There are newer employer reviews for Federated Payment Systems

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Helpful (2)

"Total Dissatisfaction never got paid"

Star Star Star Star Star
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Sales in New York, NY
Former Employee - Sales in New York, NY
Doesn't Recommend

Pros

pre set appointments, easy to reach managers, price quotes

Cons

They are not honest, wrote 2 deals in first 4 days of working with them. The first deal was turned down becasue they said the credit of the merchant was not good. How does the merchent credit effect their ability to accept credit cards within their business. Second deal thay never paid me on because the business location (address) and the owners personal address were the same. They have more creative ways to NOT pay the sales reps that close deals for them. I have been selling for over 20 years and can't believe I fell for this scam. Don't fall for this shell game, keep looking for a real job opportunity you and your family are worth it.

Advice to Management

Stop ripping off your employees, pay them for what they have earned, and make your payment structure transparent.

Other Employee Reviews for Federated Payment Systems

  1. Helpful (1)

    "Hard sell of a flawed product"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Sales Representative in Pensacola, FL
    Former Employee - Sales Representative in Pensacola, FL
    Doesn't Recommend

    Pros

    A great opportunity to lean some of the inner workings of the credit card processing industry.

    Cons

    Calling on businesses, the vast majority of which already have a credit card processing service, to try to get them to switch to Federated Payments.

    Federated Payments, in general, deposits funds into a client's account two business days (48 hrs) after the card is swiped. In some transaction cases, the deposit delay can be significantly greater, up to five business days or longer. There are other processing companies which deposit funds within 24 hours of the transaction.

    Advice to Management

    When a salesperson asks a manager specific questions about the company or its product, respond quickly and honestly. Saying, "I'll get back to you," and not doing so reduces trust in the company.


  2. "Short lived"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook

    Pros

    Great people. Good supervisor. Vibrant environment

    Cons

    Turn over rate. Not enough coaching

There are newer employer reviews for Federated Payment Systems
There are newer employer reviews for Federated Payment Systems

See Most Recent

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