Credit Card Archives | Velocity Merchant Services

How to Speed up the Checkout Process

by Luisa Garcia | Mar 20, 2020 | Credit Card, Credit Card Processing

How long are your checkout lines? Some people might tell you a long line is good for business. Think again. According to surveys of grocery store buyers, 32% of customers choose to shop elsewhere to avoid a long line — and 11% of shoppers abandon their trip...

Avoid Credit Card Fraud

by Luisa Garcia | Jan 8, 2020 | Credit Card

Credit card fraud is an ever-present danger for small businesses all around the world. In fact, the Nilson Report estimated that global credit card losses due to fraud reached $27.85 billion in 2018, a 16.2% increase from 2017. Credit card fraud can result in...

Do EMV Transactions Require a Signature?

by Velocity Merchant Services | Oct 16, 2019 | Credit Card, Credit Card Processing, EMV

In response to a then-growing number of fraudulent credit card purchases, major credit card issuers like American Express, Mastercard, Visa and Discover began transitioning to EMV chip cards in the United States in 2015. EMV is shorthand for Europay, Mastercard and...

The Credit Card Chargeback

by Velocity Merchant Services | Jul 29, 2019 | Building Credit, Credit Card, Funding, News, Online Ordering, Retail

For businesses, a chargeback on a credit card purchase a customer has made can be stressful. It can mean losing money and often not knowing why a customer decided to order the chargeback instead of returning a product or trying to resolve the dispute with the...

Avoid Card Processing Fees

by Velocity Merchant Services | Jul 5, 2019 | Articles, Credit Card, Credit Card Processing

It’s a fact of business: Most customers want to pay with plastic, and that means most companies need to pay credit card processing fees to keep their customers coming back. While you can’t avoid credit card processing fees entirely without going...

How to Speed up the Checkout Process

Avoid Credit Card Fraud

Do EMV Transactions Require a Signature?

The Credit Card Chargeback

Avoid Card Processing Fees

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