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Federated Payment Systems

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Federated Payment Systems Reviews

2.1

18% would recommend to a friend

(36 total reviews)
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Jon Levitt

16% approve of CEO

18% positive business outlook

Federated Payment Systems has an employee rating of 2.1 out of 5 stars, based on 36 company reviews on Glassdoor which indicates that most employees have an average working experience there. The Federated Payment Systems employee rating is 44% below average for employers within the Finance industry (3.7 stars).

Reviews by job title

36 reviews
1.0
19 July 2014
Recommend
CEO approval
Business outlook

Pros

None anymore. Greed has changed this company.

Cons

They always say it's you. But what's always the common denominator? They are. Ask them who the two managers that accounted for almost all of their growth between 2007-2013 were. The same two, and only two, managers to stem from this organization with an impeccable reputation in the industry. The same two that set almost every company record. Even these two have been deleted from the records and forgotten about. All because they wanted to advance their careers as young business men. When an employee almost dies after being found the next morning, blood soaked in an elevator, after using drugs and alcohol in the office after hours, you must believe something is wrong. As a former employee of this organization for MANY YEARS at an executive level, believe me when I say, "do your research." Not only have I had a professional relationship with this organization, I have also had an extensive personal relationship with the individuals that run this company. In the end, I was treated just like everyone else was; disposable. No matter how good you are, how much revenue you earn them, how hard you work for them, It will come to an end and they will fabricate anything to put the blame on the other party. This is a company who fired 20+ employees, just hours before a company Christmas party. This is a company who intentionally cuts off residual payments. This is a company who will [and has] take away the livelihood of the most loyal of employees. All because they are greedy. One owner says it best with his famous line, "My kids eat first." This company even went as far as to fire the #1 sales manager for the past 5 years, via a phone call from home, while the employee was at his desk working to earn this company more. This is a manager who has accounted for over 10,000 of their existing clients. All over a rumor that this individual was looking to advance his career else ware after he was told he would never be promoted further. Furthermore, they attempted to slander his name across the company after his dismissal rather than resolving the matter privately. This is an employee who would work 65+ hour weeks with no overtime; fueled by his dedication to the company. They will attempt to discredit you: They will hypocritically denounce you. Calling you irresponsible, dishonest, or disloyal. Then they use lines like: Just another case of a rep who cant close Just a guy mad that he cant sell - You violated your agreement ( usually based on fabricated info) to rebuttal any reviews like these. If you're a sale rep, they will tell you: We can't set appointments in your area anymore, its a bad area. (this is how they get you to perform below your contract requirements so they don't have to pay you anymore) The bottom line at this company is the bottom dollar. I understand free enterprise, I appreciate capitalism, and yes I was part of this organization for a very long time. Just remember EVERYONE IS DISPOSABLE at this company. Federated Payment Systems, a.k.a. Volt Payments, a.k.a. Federated Payments, a.k.a. FPS, a.k.a. OnePay, a.k.a. National Debit Card Network, a.k.a. MSI Canada, a.k.a. Federated Payments Canada, a.k.a. Wholesale Merchant Services, a.k.a. U.S. Bankcard Center.

1.0
1 Jan 2013
Recommend
CEO approval
Business outlook

Pros

Nice out front recruiting person

Cons

Not an honest opportunity. They provide preset appointments that had me calling on people that were dead for years, had not been contacted and approved, businesses that were closed or in locations that were not safe and dangerous to be. It cost me about $1300 in 2 months. Complete waste of time and money. Management were deceptive and evasive.

Viewing 1 - 3 of 36 Reviews

Glassdoor has 38 Federated Payment Systems reviews submitted anonymously by Federated Payment Systems employees. Read employee reviews and ratings on Glassdoor to decide if Federated Payment Systems is right for you.