by Grace Barone Cryptocurrency, crypto, crypto-currency. The new form of money that the world is talking about. But what is this magical internet money and why is it important? In this blog I’ll explain what cryptocurrency really is and… Read More
Your restaurant has processes for marketing, setting up the right ambiance and making sure you can handle the dinner rush. To make all the hard work of serving delicious food pay off, you will also want the right merchant… Read More
Velocity Merchant Services has worked with a number of grocery stores across the country to ensure that customers and staff have the best experience possible at checkout. Grocery store POS systems comes with its own set of considerations. Speak with… Read More
Auto repair shops do much more in a given day than just fix cars. They order parts, interact with customers and process payments, among other things. With Velocity Merchant Services, at least the payment processing part of your business can… Read More
A day at the salon is supposed to be relaxing, exciting and even somewhat luxurious. The last thing it should be for anyone who patronizes a salon is annoying. There are few things more bothersome than having to spend… Read More
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%… Read More
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… Read More
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… Read More
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… Read More
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… Read More