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Enhanced Payment Systems

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Enhanced Payment Systems Reviews

4.4

86% would recommend to a friend

(85 total reviews)

Mark Dsilva

90% approve of CEO

84% positive business outlook

Enhanced Payment Systems has an employee rating of 4.4 out of 5 stars, based on 85 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The Enhanced Payment Systems employee rating is in line with the average (within 1 standard deviation) for employers within the Finance industry (3.7 stars).

Reviews by job title

85 reviews
2.0
7 Jan 2019
Recommend
CEO approval
Business outlook

Pros

For training, they put you up in a nice hotel in Chicago. The training is pretty thorough, definitely more thorough than the training options for other similar companies. There is also the potential to make a significant passive income. Further, the sales managers are good at helping to complete sales by assisting you when you are with your merchants trying to close deals.

Cons

Unfortunately, there is a long list of cons for working as a sales rep for enhanced payment systems. For starters, there is no salary, no benefits, and no job security. If your sales numbers fall too low, they will give you the boot, just like that. Also, they force you to add a $25 per month "on file fee" to every deal. This makes closing the deal about 50 % more difficult because it's more expensive for merchants and because they have no idea what they are paying for for that fee. Another major problem with enhanced payment systems is that they don't always pay you on time. It can take 3-4 weeks to get paid after your deal has been closed and installed. Given the lack of a salary, this inconsistency is extremely difficult to deal with. However, even though these problems are serious, the most serious problem is that the company promises merchants things that they cannot deliver. For example, they may promise that their payment system will integrate with a certain app that the merchant needs it to integrate with. Then, when you show up to do the install, you find out that the company lied and the payment system cannot integrate with the app. Then you are left standing there like an idiot, getting yelled at by the merchant for lying and screwing them over, which is exactly as stressful and uncomfortable as you can imagine. Then, when the deal falls through, you end up not getting paid even though it was not your fault at all. One more serious problem with the company is that they do not have enough support people. In fact, there are only one or two people at the company who are trained to help with clover systems. this means that you can have to wait more than a day to speak with a support technician, which is extremely frustrating. Also, the paperwork for each contract is about 7-10 pages, and it includes hidden fees, such as an annual feeof $100. The contracts frequently change too, so just as you get familiar with one, it switches to another, and there is a whole new slew of legal language you must learn. Another problem is that the recruiter will promise you 4-5 appointments daily. You will be lucky to get half that. And as soon as you go a week without making a sale, You will most likely get even fewer. Another thing that the company doesn't really tell you is that if you leave the company, you will only get to keep your residuals if you make over $1,500 a month in residuals. Anything less than that, and the company keeps the residuals that you have worked so hard for.

1.0
23 Feb 2021
Recommend
CEO approval
Business outlook

Pros

Pre set appointments The managers will take over to help you “lie” your way through a deal

Cons

The appointments are set by false information They expect you to lie, to get a deal They set multiple appointments for the same time You are not allowed to call the merchants if you are running late They make you look bad before you even get to the appointment No guaranteed pay No benefits I got 2 accounts during my 1st 2 days, but quit during my 4th because I couldn’t even sleep knowing I was lying to people. They are pushy They have you traveling for hours, even if they know the merchant isn’t interested They say you get $850/terminal, but once you ask the question during training, you definitely realize that isn’t the case. It all just seemed to be one lie and one falsehood after another.

1.0
13 Nov 2019

Stay Away

Recommend
CEO approval
Business outlook

Pros

They supply you with leads.

Cons

They don't pay you on your residuals. They offer you a 10% residual where most other companies who supply leads will give 50% and more. They lie to all prospects to get the appointment.

Viewing 1 - 3 of 85 Reviews

Glassdoor has 98 Enhanced Payment Systems reviews submitted anonymously by Enhanced Payment Systems employees. Read employee reviews and ratings on Glassdoor to decide if Enhanced Payment Systems is right for you.