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For more than a decade, Velocity Merchant Services (VMS) has facilitated financial transactions for small- to medium- sized businesses across the nation. Founded in 1998 by Dema Barakat, Velocity Merchant Services specializes in processing credit, debit, and gift cards. As a leading payment system provider, Velocity Merchant Services also manages Fast Cash business cash advances, provides protection against check fraud, offers age and address verification services for additional security, supplies website development services for their merchants, and provides access to credit card processing through its smartphone application, iCharge.

With innovative technology and state-of-the-art credit card terminals, Velocity Merchant Services offers a variety of advantages to businesses that choose its services. In order to realize Dema Barakat’s mission of maximizing profits and convenience for every client, VMS delivers free supplies and software upgrades, fast processing, and award-winning customer service and technical support. With no installation fees and an easy account initialization, Velocity Merchant Services also boasts a 98% application approval rating and various merchant incentive programs, including a $1,000 guarantee.

Velocity Merchant Services possesses extensive experience in the bank card industry and continues to maintain solid relationships with various businesses, including major retailers, restaurants, pharmaceutical related establishments and Internet-based eCommerce companies. With headquarters in Downers Grove, Illinois, Velocity Merchant Services operates as a full disclosure company. A member of the Electronic Transactions Association and the U.S. Chamber of Commerce, VMS is also a registered ISO and MSP of HSBC Bank. Since 2003, Velocity Merchant Services has been overseen by Danoush Khairkhah. Prior to his role as Chief Executive Officer of VMS, Danoush Khairkhah obtained an MBA in Global Business at the University of Texas at Dallas. He also served as CFO of Pit Pros, Inc.