Optimization Management

Functionality Made Simple.

Limit risk. Save time. Bank money.

We want to present our merchants with the best program possible; that is why we offer these features that can help increase a merchant’s bottom line by opening new markets and lowering their liability.

Advanced Transaction Routing Interface (ATRI)

Helping to Streamline the Process of Having Multiple Merchant IDs.

With Velocity’s ATRI capability a merchant can have multiple processing accounts and still process all of their transactions on the Velocity Gateway.

Merchant Benefits:

  • Intuitive
  • Limits risk
  • Saves time and money

Automated Chargeback

Providing an Extra Level of Protection.

Merchants can benefit from the automated chargeback processing we offer at Velocity. We can help in resolving this issues quickly and efficiently.

Merchant Benefits:

  • Eliminates paper by instantly matching the chargeback to the original transaction.
  • Automates and simplifies a time-consuming task.
  • Reduces risk of costly financial write-offs.

Multiple Currencies

Expanding Business Across the Globe.

Velocity offers merchants the opportunity to expand into other sectors of the global marketplace by giving cardholders the ability to shop, view, and pay in the currency they know best — their own.

Merchant Benefits:

  • Funding and reporting in a merchant’s home currency.
  • Minimize disputes and chargebacks resulting from price misinterpretation.
  • Display pricing in local currencies on the merchant’s website.
  • Convert international browsers into customers.

Risk Management

Preventing Risk Before it Happens.

Velocity’s risk management technology lowers a merchant’s chargeback ratios, which will have a positive impact on their bottom line. Our risk reporting can see patterns as they form and identify any issues before they become chargebacks.

Merchant Benefits:

  • Identify real-time risks.
  • Mine data on blacklists.
  • Proactively refund high-risk transactions to reduce chargebacks.

Interchange Optimization

Let Velocity Help You Save.

Velocity is able to offer its merchants a Real-Time Interchange (RTI) engine that keeps rates down by filling in missing data elements with optimizing the best interchange. RTI uses sophisticated real-time logic to scan rates for hundreds of applicable interchange categories, selecting and applying the lowest possible rate for the transaction.

Merchant Benefits:

  • Velocity automatically identifies and populates empty data fields with the transaction BRIC (token) to ensure that the merchant qualifies for a more favorable interchange rate.
  • Any savings are passed directly to the merchant.
  • RTI is at work during every transaction to help reduce interchange fees.

Authorization Compression

Discover the Compression Savings Difference.

Compression applies to the scenario where a cardholder is purchasing multiple items from a merchant (a multi-line purchase), and all items will attempt to settle on the same day. For such purchases, Velocity compresses multiple capture requests into a single settlement record.

Merchant Benefits:

  • Merchants save money by avoiding the flat rate interchange charges associated with these types of capture requests.
  • Simplified settlement records.

Join the Velocity team, and move your business forward.