Velocity has been powered by the Elavon platform since 2009. Over the years, we have developed incredible relationships with their executive team, as well as many of the key managers who run the underwriting, risk, and support departments.
Elavon is consistently rated among the top 5 global payment providers.
Elavon is backed by the strength and stability of U.S. Bank and they represent a substantial portion of U.S. Bank’s business.
Over 1,000,000 businesses utilize the Elavon platform, with over $200 billion in transactions annually and over 3 billion transactions annually.
All merchants, in accordance with their merchant agreement, agree to Elavon's Terms of Service (TOS).
All merchants, in accordance with their merchant agreement, agree to Elavon's Merchant Operating Guide (MOG).
National Advisory Committee
Velocity has proudly served on Elavon's Advisory Committee, acting as a voice for the US MSP channel, providing guidance for new technologies, and helping to set policy.
PulsePoint Advisory Committee
Velocity had the honor to sit on the PulsePoint Advisory Committee and influence technology decisions for the platform that would manage operations and finance for most of the US MSP channel.
American Express OptBlue Committee
Velocity had the pleasure of integrating the new American Express OptBlue program, replacing the legacy OnePoint program.
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.