Future Payment Technologies Overview
Future Payment Technologies, occasionally referred to as “Future Paytech,” is a Dallas-based merchant account provider that formerly operated under the names “Park Central Company” and “Crescent Processing Company.” Both of these brands are now retired, but Future Payment Technologies operates at the same address as Park Central Company and Crescent Processing Company and is operated by the same CEO as Crescent Processing Company.
Future Payment Technologies provides PIN debit processing hardware, gift card services, check processing, merchant cash advance, an online payment gateway, recurring billing, and mobile wallet acceptance. Just like Crescent Processing Company, the company sets appointments by telephone and employs independent sales agents across the country to sell its services. Its website lists email and phone contact information for customer support. Chad Smith is the CEO of Future Payment Technologies.
At a glance
Founded: 2006
Location: Dallas, Texas
Acquiring bank: Synovus Bank
Website: futurepaytech.com
Phone number: 855-332-1066
E-mail: [email protected]
Future Payment Technologies Promotional Video
Online reputation and reviews
Like Crescent Processing Company and Park Central Company before it, Future Payment Technologies has accumulated a high number of online merchant complaints (over 300) in the two years that it has been active. These negative Future Payment Technologies reviews mention nondisclosure of fees, misrepresentation of per-transaction rates, deceptive behavior by sales agents, expensive contract terms, unexpected early termination fees, and poor customer service. One frequently cited quirk of the company is its sales agents’ use of electronic tablets in the place of actual paperwork when making in-person sales. Some merchants claim that this practice helped unscrupulous agents talk them into signing up for service without having to provide a full paper copy of the three-year contract.
Legal actions and lawsuits
There are no outstanding or recently resolved legal actions related to Future Payment Technologies at this time.
Have you used Future Payment Technologies for your business? Rate the company at the top of this post and tell us about your experience in the comment section below:
Leave a Review