Are you ready
to earn your worth?
Maybe you have considered direct sales programs, the kind that require you to sell products to your friends after you’ve paid a fee and purchased products. Maybe you want to work part-time but haven’t found an opportunity that will also offer career development. Maybe you are contemplating a career shift. Or maybe you have been out of work and need a legitimate path to re-enter the workforce.
We understand, and that’s why we created Park Place Payments.
We believe
you shouldn’t have to spend money to make money.
We are mobilizing a B2B sales team that wants to earn recurring revenue while maintaining a flexible schedule.
If you are self-driven, outgoing, care about earning money, and want to help the business owners in your orbit, you could be a successful Account Executive with Park Place Payments.
As an Account Executive, you sell payment processing to local businesses, earning commission on every credit card sale that a business processes, every month for the life of the account. And because of our honest, transparent pricing structure, it also means you are contributing to the bottom line of community businesses rather than crippling it.
If you are self-driven, outgoing, care about earning money, and want to help the business owners in your orbit, you could be a successful Account Executive with Park Place Payments.
As an Account Executive, you sell payment processing to local businesses, earning commission on every credit card sale that a business processes, every month for the life of the account. And because of our honest, transparent pricing structure, it also means you are contributing to the bottom line of community businesses rather than crippling it.
How It Works
As an independent contractor, you set goals and as your partner in growing your portfolio of clients, Park Place Payments supports you in achieving your goals with a leadership team that guides you through the process, offers weekly sales training and career development, and even prepares your business proposals for you. No payments experience necessary. When you become an Account Executive, there are no limits to what you can achieve:
What will I do as an
Account Executive?
How will Park Place
set me up for success?
What will I do as an
Account Executive?
How will Park Place
set me up for success?
“Knowing that everything was taken care of financially made my personal circumstances easier to deal with. I had a very dramatic summer and had to take time off from Park Place. I felt (and still feel) really lucky and grateful that I could take those months off but still get paid my residuals.”
“Park Place has lived up to my expectations. “I came to the company because I believed in the vision, the extraordinary enthusiasm of the leadership, the opportunity to sell something that is going to benefit a business, and the objective to put honesty into the sales cycle.”
“I didn’t have the confidence before that I do now. I’ve gained an overall education that I wasn’t expecting. I’ve learned I’m a lot stronger than I knew and I don’t think I’d have realized this without the challenges of facing a new career in business to business sales.”
“It’s really fulfilling to feel so successful and supported in this venture. It’s very gratifying to become an expert and to use that knowledge to whatever extent you have the time. If intermittently, it’s a side-hustle, it’s allowing you to supplement your income so the other parts of your life are less stressful.”
“If you take the initiative to step out of your realm, and you make long term decisions, you can do anything. I’m Indian and I know those local businesses because they are part of my community. I’m educating them, helping them with something they don’t understand.”
Account Executive FAQs
What is payment processing?
Payment processing is a fancy term for credit card processing. Every business from a hair salon to a dentist to a book store accepts credit cards and they all have an intermediary between Mastercard, Visa and American Express and the business. The intermediary can become YOU!
What are the roles and responsibilities of a Park Place Account Executive?
Account Executives are sales professionals who sell payment processing to businesses. They are responsible for generating leads, presenting proposals (that Park Place creates on your behalf!), and closing new business. Once a client says “yes,” Park Place Payments boards and services the account, freeing you up to sell your next one!
What is Park Place’s role in the sales and support process?
Park Place provides support to Account Executives throughout the entire sales process with one-on-one conversations to address specific questions as well as a weekly training call with the sales leadership team. Park Place completes each statement analysis, creates individualized proposals and coaches you on presenting the proposal. Once a merchant is approved, Park Place will ship their payment terminal, launch the client through their new product set up and provide day to day support.
How does Park Place Payments set me up for success?
The first critical step is Park Place Academy, the initial training program. Once launched as an Account Executive, Park Place Payments provides personalized coaching calls, weekly ongoing training sessions, support through the sales process, the preparation of individualized client proposals and rate comparisons, a dedicated Park Place Payments email address, and access to the Account Executive resource center. After you’ve closed two accounts, Park Place Payments sends you customized business cards.
Is Park Place a multi-level marketing company?
No. Account Executives are not responsible for recruiting other Account Executives and do not purchase inventory that they have to resell.
Do I need to purchase inventory or any equipment?
No. Many direct sales companies require sales team members to invest in inventory, sell that down and then buy more. We do not do this at Park Place!
What is an average commission?
At Park Place, you earn 50% of the revenue received from each client in your portfolio on an ongoing basis for the life of the account. This is the magic of Park Place. It is all recurring revenue earned when each clients receives its monthly merchant statement and pays the associated fees (a merchant statement is a comprehensive document that lists all transactions, sales activity, and processing fees for a given month). For example, if you bring in a business processing $25,000 monthly in credit/debit card volume you would earn approximately $50.00 a month from that account. If you bring in a business earning $150,000-$250,000 in monthly volume you have the potential to earn $250-$350 a month for that account. Account Executives also earn weekly incentives for bringing in new business.
What is recurring revenue?
Recurring revenue means that for each client you launch, you earn money monthly for the life of that business. This is the magic of Park Place! No need to reinvent the wheel each month with one-off sales. Instead, the commission earned for each new client is added to your existing monthly revenue.
Will I have a sales territory?
Prospects are not restricted by location, but we encourage each Account Executive to start in their hometown and then grow from there.
How will my client and prospect list be protected?
Park Place Payments has an internal CRM (Client Relationship Management) system designed to protect your time, energy and client portfolio.
How and when will I get paid?
By direct deposit to your bank account on the 25th day of each month. You can view your earnings in your personalized Account Executive portal.
What is my “Park Place Forever” number?
At Park Place we hand out numbers in the order in which you sign up as an Account Executive so that you will recognized for the time you’ve been part of the team. Picture your badge at one of our annual conferences with the number “183.” Future Account Executives might be number “2,345” but you were there from the beginning! Once you sign on, you never lose your Park Place Forever number. Need to take a break for a year and come back? We’ll keep your spot safe!
What if I sign the Independent Contractor Agreement but I do not want to continue to sell or participate?
No worries. Just let us know. You will never lose your “Park Place Forever” number. That way, if you want to return to Park Place, the door is open for you to reenter!
What is a Non-Disclosure Agreement (NDA)?
The NDA is an agreement between Park Place and an Account Executive to protect confidential and proprietary Park Place information.
Can’t find what you’re looking for?
Account Executive FAQs
What is payment processing?
Payment processing is a fancy term for credit card processing. Every business from a hair salon to a dentist to a book store accepts credit cards and they all have an intermediary between Mastercard, Visa and American Express and the business. The intermediary can become YOU!
What are the roles and responsibilities of a Park Place Account Executive?
Account Executives are sales professionals who sell payment processing to businesses. They are responsible for generating leads, presenting proposals (that Park Place creates on your behalf!), and closing new business. Once a client says “yes,” Park Place Payments boards and services the account, freeing you up to sell your next one!
What is Park Place’s role in the sales and support process?
Park Place provides support to Account Executives throughout the entire sales process with one-on-one conversations to address specific questions as well as a weekly training call with the sales leadership team. Park Place completes each statement analysis, creates individualized proposals and coaches you on presenting the proposal. Once a merchant is approved, Park Place will ship their payment terminal, launch the client through their new product set up and provide day to day support.
How does Park Place Payments set me up for success?
The first critical step is Park Place Academy, the initial training program. Once launched as an Account Executive, Park Place Payments provides personalized coaching calls, weekly ongoing training sessions, support through the sales process, the preparation of individualized client proposals and rate comparisons, a dedicated Park Place Payments email address, and access to the Account Executive resource center. After you’ve closed two accounts, Park Place Payments sends you customized business cards.
Is Park Place a multi-level marketing company?
No. Account Executives are not responsible for recruiting other Account Executives and do not purchase inventory that they have to resell.
Do I need to purchase inventory or any equipment?
No. Many direct sales companies require sales team members to invest in inventory, sell that down and then buy more. We do not do this at Park Place!
What is an average commission?
At Park Place, you earn 50% of the revenue received from each client in your portfolio on an ongoing basis for the life of the account. This is the magic of Park Place. It is all recurring revenue earned when each clients receives its monthly merchant statement and pays the associated fees (a merchant statement is a comprehensive document that lists all transactions, sales activity, and processing fees for a given month). For example, if you bring in a business processing $25,000 monthly in credit/debit card volume you would earn approximately $50.00 a month from that account. If you bring in a business earning $150,000-$250,000 in monthly volume you have the potential to earn $250-$350 a month for that account. Account Executives also earn weekly incentives for bringing in new business.
What is recurring revenue?
Recurring revenue means that for each client you launch, you earn money monthly for the life of that business. This is the magic of Park Place! No need to reinvent the wheel each month with one-off sales. Instead, the commission earned for each new client is added to your existing monthly revenue.
Will I have a sales territory?
Prospects are not restricted by location, but we encourage each Account Executive to start in their hometown and then grow from there.
How will my client and prospect list be protected?
Park Place Payments has an internal CRM (Client Relationship Management) system designed to protect your time, energy and client portfolio.
How and when will I get paid?
By direct deposit to your bank account on the 25th day of each month. You can view your earnings in your personalized Account Executive portal.
What is my “Park Place Forever” number?
At Park Place we hand out numbers in the order in which you sign up as an Account Executive so that you will recognized for the time you’ve been part of the team. Picture your badge at one of our annual conferences with the number “183.” Future Account Executives might be number “2,345” but you were there from the beginning! Once you sign on, you never lose your Park Place Forever number. Need to take a break for a year and come back? We’ll keep your spot safe!
What if I sign the Independent Contractor Agreement but I do not want to continue to sell or participate?
No worries. Just let us know. You will never lose your “Park Place Forever” number. That way, if you want to return to Park Place, the door is open for you to reenter!
What is a Non-Disclosure Agreement (NDA)?
The NDA is an agreement between Park Place and an Account Executive to protect confidential and proprietary Park Place information.
Who can I contact with further questions?
Sadie Ingan, Account Team Associate at [email protected].
Can’t find what you’re looking for?
Launch Your Career Today
with Park Place Payments
Have questions? Contact Sadie Ingan, our Account Team Associate any time!
We’d love to talk with you directly about the Park Place difference.
Have questions? Contact Sadie Ingan, our Account Team Associate any time!
We’d love to talk with you directly about the Park Place difference.
