Kinda Pathetic - Anonymous employee Red Payments Employee Review

1.0
18 Dec 2018
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Socially supportive and do provide some appointments. But....

Cons

Appointments are sketchy, made by very outta the USA call centers with goofy accents. That does not fly with many merchants and turns them off. So there is a built in negative to overcome with their set appointments. Cold calls are better. residual is only 25% of Profit, but profit is also negatively skewed. They have a ton of up-line taking a cut diluting profit. So it's not a true %25 of profit. More like 25% of profit -1% that obvious if you know the industry. There is a definite lack of transparency. Management does not always follow through with support and materials, and tends to prevaricate to cover the corporate big wigs. It is clear the customer is not first here... the payline of the managers and ceo's who are leaching on the gravy train is the obvious priority. There are plenty of Merchant providers out there who are transparent and pay fairly. Do your homework Lots of good merchant cos out there are paying 50% residuals. They encourage predatory leasing and and are flat out rude to customers at times.

Explore other reviews about Red Payments

5.0
8 Feb 2021
Recommend
CEO approval
Business outlook

Pros

The pay is very decent

Cons

there are some mangers that are sketchy

1.0
4 Mar 2017
Recommend
CEO approval
Business outlook

Pros

The morning meetings are uplifting but after that there aren't any pros. Never received payment for sales after 2 weeks of submitting paperwork.

Cons

They don't pay you. Terminals are programmed incorrectly. They make you wait 60 days to start earning residual income. They make you sign a contract that says you can only sell for them. A 1099 contract employee should be able to work for multiple companies if so desired. There are no quotas with the company contract but the sales manager contract adendum has quotas and you lose 5% of your commission to your sales manager because of that adendum. If you have a bad month you loose your residual income. They list multiple products but only push one product and never have a plan b option for merchants who are too scared to start letting their customers pay their credit card fees with a surcharge as part of the transaction. The training sucks! A reputable company would fly you to their home office to train you. Their training is a phone call and they don't talk about products or how to fill out their contracts. They just talk about steps you take to get your sales manager on the phone so he can try to close the deal.

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