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CARD ACCEPTANCE OPTIONS
There are three (3) distinct card acceptance options. Understanding these options will help you determine the best solution for your business, organization, or governmental entity - all based upon your objectives and payment acceptance goals.
WHICH ONE IS BEST FOR YOU?
TRADITIONAL
INTELLIGENT RATE
TRADITIONAL
With traditional merchant accounts, the business, organization, or governmental entity pays for all costs associated with card acceptance.
SURCHARGING
INTELLIGENT RATE
TRADITIONAL
Surcharging programs, known as zero cost credit, allow the business or organization to surcharge the customer for all credit card transactions.
INTELLIGENT RATE
INTELLIGENT RATE
INTELLIGENT RATE
Intelligent Rate programs, exclusively for the education and government sectors, determine the prices for different cards. Consumer fees will be as low as 0.75%.
TRADITIONAL PAYMENT PROCESSING
Velocity Processing will use specialized software to evaluate merchant statements and existing pricing.
Using industry standards and proprietary tools, Velocity Processing will determine if your transactions are being processed correctly and clearing at the best available categories.
By engaging in dialogue and understanding your business, Velocity Processing will provide guidance to improve operational efficiencies and create labor utilization.
The PCI specialists at Velocity Processing will ensure that your hardware and software are PCI DSS compliant. In addition, Velocity Processing will provide free education and training to help protect your cardholder data and prevent data breaches.
Our processing platform maintains an "A+" rating with the Better Business Bureau. Since 2012, Velocity has specialized in electronic payment processing and has been actively involved in the electronic payment industry.
Velocity Processing offers state-of-the-art technology that ensures transactions are safe and secure.
Portions of this content and some images are used under license from CardX, LLC (C) AND TM CardX, LLC.
Velocity Processing is a registered Independent Sales Organization (ISO) / Member Service Provider (MSP) of Elavon, Inc. Georgia, a wholly owned subsidiary of U.S. Bancorp, Minneapolis, MN. Elavon has been processing electronic payments for 35 years and maintains an "A+" rating with the Better Business Bureau.
"Visa", "MasterCard", "American Express", "Discover", "OptBlue", "Apple Pay", "VeriFone", "ARB", "CIM", "PulsePoint", "Global Learning Lab", and "CardX" are trademarks and/or service marks of their respective owners.