Overview
In this review of Paramount Payment Systems, we will provide a detailed overview of the company's credit card processing services. We will cover the range of services they offer, including point-of-sale (POS) systems, mobile payment solutions, and e-commerce capabilities. The review will identify the types of businesses that might benefit from these services. Additionally, we will examine client and customer reviews to highlight common trends and potential concerns. The article will also address the company's pricing structure, contract terms, and specific features provided. By the end of this review, you will understand whether Paramount Payment Systems meets your payment processing needs.
About Paramount Payment Systems
Founded in 2003, Paramount Payment Systems is a merchant account provider that serves most business types, including cannabis and CBD businesses. The company is a reseller of NPC/Vantiv contracts, and it also offers merchants the option to provide customer financing through a partnership with LoanHero.
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Paramount Payment Systems Products and Services
Payment Processing
Paramount Payment Systems processes major debit and credit cards for a variety of business types. Their services include POS systems, cash discounts, mobile processing, and e-commerce solutions.
Point of Sale Systems
Paramount Payment Systems provides point-of-sale (POS) systems that enable businesses to manage face-to-face transactions. These systems capture sales data, manage inventory, and generate reports, offering a comprehensive overview of business operations.
Ecommerce Solutions
For online businesses, Paramount Payment Systems offers ecommerce solutions designed to securely and efficiently process online transactions, meeting the specific needs of e-commerce operations.
Mobile Payment Processing
The company also offers mobile payment processing services, allowing businesses to accept payments via mobile devices. This service enhances operational flexibility and supports transactions in various locations.
Merchant Services
In addition to payment processing, Paramount Payment Systems offers a range of merchant services, including check processing, gift and loyalty program management, and cash advance services, providing a comprehensive suite of solutions beyond standard credit card processing.
Brenda Wilson
I subscribed to CBS All Access which later became Paramount + for $5.99 monthly. Included was live stream of local channel. When I changed the payment information last Friday. Ad said save 16% by paying yearly. I chose this option. On the following Monday I discovered that I couldn’t get my local CBS channel. When I called customer service, I found that the paying yearly plan was really a scam to change my plan. So, now the plan I had for $5.99 is no longer available and By paying yearly I am on the $4.99 plan which does not include live stream of loc channel. No problem, I ca pay $9.99 a month for the plan I had which included local channel. Tal about bait & switch. This is definitely fraud. I contacted Paramount on second business day after falling for payment option ploy, but still no option to correct. Clearly, ethics is not in Paramount + vocabulary.