FINANCIALS REQUIREMENT

The card associations require that every business applying for a merchant account provide proof of financial stability. These documents come in the form of existing merchant statements, interim financials, audited financials, or tax returns.

WHY DO I HAVE TO PROVIDE BUSINESS FINANCIALS?

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 37 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.