I was almost sucked in to working as a salesman for Prodigy Payment Systems. They sounded like a great company with their "preset appointments" and excellent suggested commissions. But I found out that they are one and the same company as "Encore Payment Systems", and NUMEROUS ripoff reports have been filed against them by both salesmen and merchants! Just do a search on ripoffreports.com for "Encore Payment Systems", and you will see what I mean:
* Prodigy Payment Systems charges $97/month for 48 months for credit-card machines. This comes out to $4,656! But search on the web, and you can find plenty of credit-card machines for only a few hundred dollars! That means Prodigy is overcharging customers to the tune of about $4,000 per equipment lease. Thus, you will be able to sell this to very few businesses, and if you do sell any of them, you'll be ripping them off!
* Prodigy Payment Systems promises "preset appointments". But many times you'll get to the appointment only to find a no-show, or a business owner who says that the Prodigy telemarketer only said someone would be coming by to "drop off some info". Do NOT expect these "preset appointments" to be as good as you would hope.
* Prodigy Payment Systems requires you to call the corporate office at EVERY appointment you have, even if the business owner is not at all interested, and wants you to leave. Your cell phone bill will skyrocket. Prodigy pays a cell phone bonus to help cover your phone bill, but ONLY if you meet a certain sales quota per month. And unless you are very skilled at selling overpriced equipment and services to unsuspecting business owners, you probably will NOT get paid this cell phone bonus. The same goes for your gas/vehicle bonus.
* Prodigy Payment Systems has overpriced credit card processing rates. Just look around on the web, and you will find MANY companies which offer much lower rates than Prodigy Payment Systems. Some of these companies even include a FREE credit card terminal for you to use! (Free is a lot better than $4,656!!)
Like I said, for more info, just go to ripoffreport.com and look up "Encore Payment Systems". It is the same company as "Prodigy Payment Systems". They have the same location, recruiters, trainers, products, practices, etc. It looks to me like they just changed their name to "Prodigy" so people wouldn't find out the bad news about them on the web.
Do not purchase anything from Prodigy Payment Systems, and do not go to work for Prodigy Payment Systems! You will be sorry if you do!