Velocity Merchant Services

A firm specializing in facilitating financial transactions for businesses nationwide, Velocity Merchant Services (VMS) has been based in the Chicagoland area since 1998, recently upgrading their corporate headquarters in Downers Grove, Illinois. Services provided by VMS include credit and debit card processing; gift and loyalty card programs; check guarantee services; Fast Cash business cash advances, mobile processing applications and website development. When compared with other payment processing companies in the state of Illinois, Velocity Merchant Services emerges as the largest provider of Visa and MasterCard processing for small to medium-sized merchants.

Velocity Merchant Services provides clients with secure transaction processing equipment from trusted manufacturers such as PCCharge, Hypercom, Omni, MagTek and VeriFone. They also deliver free software upgrades and 24-hour customer service and technical support. Velocity Merchant Services further differentiates itself from its competition by offering a 0 percent debit card processing program and a $1,000 guarantee to assure both existing and potential merchants that its prices will always be the lowest in the business.

Enjoying constant yearly growth since its inception, Velocity Merchant Services continues to thrive and expand in the current economy. As more and more consumers consistently choose plastic over cash, VMS Chief Executive Officer Danoush Khairkhah points to the credit card industry as a financial sector that has remained profitable. This market profitability, coupled with Velocity Merchant Services’ 98 percent client approval rating, has fueled ongoing expansion. Referring to the company’s recent office renovation, Danoush Khairkhah remarked, “In order to increase productivity, we literally tore down walls.” This physical expansion went hand in hand with an expansion of its labor force. Velocity Merchant Services has been actively recruiting for a wide variety of positions; including customer care specialists, technical support representatives, account executives and lead generators. Mr. Khairkhah and VMS remain optimistic that this current growth trend will continue into the foreseeable future.