Learning Center
Do I need a merchant account to accept credit cards?
Yes — to accept credit cards you need a way to route and settle transactions, which means either a traditional merchant account or an aggregator. A dedicated merchant account through Velocity gives you better rates, stability, and support than a one-size-fits-all aggregator.
To accept cards, money has to flow from your customer's bank into yours. A dedicated merchant account does that reliably, with pricing and support built around your business. Aggregators (the big one-tap apps) are easy to start but can freeze funds, offer little support, and cost more at volume.
Velocity sets up a real merchant account — often approved within a day or two — with transparent pricing and local support.
Frequently asked
They can hold or freeze funds, offer limited support, and cost more as you grow.
Most standard businesses are approved within a day or two.
For online sales, yes — a gateway authorizes card-not-present transactions.
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