Lower your rate
Interchange-plus or a cash discount program — transparent pricing with no hidden fees. We show you exactly where every basis point goes.
See pricing & programsMerchant Processing · Across the Midwest
Do you know what you actually pay to accept a card?
Most owners can't say, and the statement is built to keep it that way. Send yours. You'll get the real number, a plain explanation of every line, and a straight answer on whether changing anything is worth your time.
01 / The cost
Most owners are overpaying and don't know it.
Not because they're careless — because the statement is designed to hide it.
You're busy running the business. The processing statement shows up, the deposit looks about right, and you assume the rate is "just what it costs." It isn't.
Tiered pricing buckets your transactions into "qualified," "mid-qualified," and "non-qualified" so the markup moves around where you can't see it. Add a padded markup here, a vague "compliance" charge there — and your real effective rate creeps well past what you were quoted.
The money doesn't leak all at once. It leaks a few basis points at a time, on every transaction, for years.
$0
Cost to have us read your statement
100%
Of your fees explained in plain English
Local
A real person who answers the phone
02 / What we do
Four ways we fix your payments.
The right equipment
Modern Dejavoo terminals — led by the P-series P1s — countertop, wireless, and mobile, with EMV chip, tap-to-pay, and Apple Pay / Google Pay built in.
Browse terminalsGet paid online
FluidPay virtual terminal, payment links, hosted checkout, recurring invoicing, and ACH bank payments — for when the customer isn't standing at the counter.
Explore online paymentsIntegrations & systems
Connect payments to the rest of your business through our sister firm, Velocity Performance Consulting — POS, accounting, and software integrations that fit how you already work.
How the consulting side helps03 / Where we come from
Built on the bank's side of the desk.
Velocity Payments was founded by Seth Wedewer, who spent years in commercial banking and payment processing — the side of the table that knows exactly how merchant pricing is built and where the margin hides.
That's the difference. We're not reading your statement for the first time alongside you. We know what "non-qualified surcharge" really means, why your B2B cards cost more than they should, and which fees are negotiable versus fixed.
We're processor-agnostic — an independent agent, not a single bank's salesperson. That means we recommend what actually fits your business, not what one provider needs to sell this quarter.
More about Velocity Payments04 / No hidden fees
Honest pricing. No surprises.
No tiers, no junk fees, no statement built to confuse you.
- Interchange-plus: the network's true cost plus one stated markup.
- Cash discount, dual pricing, or compliant credit card surcharging: offset or eliminate processing fees entirely.
- Level II/III optimization for B2B and B2G merchants who take corporate cards.
- Next-day funding messaging and PCI-compliance support included.
- Honest, straightforward pricing: a real quote in plain English you'll understand before you sign anything.
05 / Industries we serve
Processing tuned to how you sell.
Different businesses leak money in different places. These are the ones we know best.
06 / Start here
Send a statement. Get real numbers back.
Upload your most recent processing statement and we'll show you your true effective rate, the fees worth questioning, and whether we can beat it. No obligation.
- A line-by-line read of what you're actually paying.
- A straight answer: yes we can beat it, or no — and why.
- A local person on the phone, not a ticket queue.
FAQ
Straight answers, before you call.
Send us your most recent processing statement. We read it line by line, calculate your true effective rate, flag padded fees, and tell you straight whether we can beat it. No obligation and no sales runaround.
Yes. We serve the Cedar Rapids–Iowa City Corridor and businesses across the Midwest. We're a service-area business, so we come to you.
Interchange-plus is transparent cost-plus pricing: you pay the card networks' true interchange cost plus one clearly stated markup. No tiers, no buckets, no surprise reclassifications on your statement.
Yes. Cash discount and dual pricing programs are permitted when implemented and disclosed correctly. We set them up compliantly so your customers see clear pricing and you offset most or all of your processing fees.
No. We're an independent agent (ISO), not your bank. Your deposits keep flowing to your existing business account, with next-day funding available.
You call Seth. A local person answers — not an overseas ticket queue. Support is part of the relationship, not an upsell.