Tuesday, May 04, 2010 7:35:40 AM
CEO Massimo Barone Stated “I am pleased to announce the introduction of Credit Card Processing services to our existing Velocitymoney.com merchants and eventually to new merchants boarding velocitymoney.com services. Initially, the service will only be offered to our existing merchants and their customers whom have prior transaction history with the company. The significance of this added functionality will enhance our existing methods of processing and offer merchants the full suite of transaction management they require to better serve their customers online and off-net. We believe that we can establish new thresholds of transactions and increase the number of transfers done by individuals by as much as 35% therefore improving our average fee’s earned per customer.”
About Velocitymoney.com
We continue to expand our portfolio of services with the mission to ultimately improve payment processing solutions that meets the needs of our clients. At the present time our solutions include a variety of payment methods and products for companies including Batch Invoicing, ACH, EFT, Bill Pay, Email Money Transfers, Gift Cards, Reloadable Debit Cards and now with the added value of Credit Card processing as an option for funding our client usage will drastically improve. Our goal is to compete in the same market space as PayPal.com and Moneybookers.com with the added value of transaction management procurement which continues to be the main requirement of many companies today.
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