Velcro Pay, a US-based merchant service market place, has launched a payment gateway to offer small businesses an affordable option.

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The Velcro Pay Gateway will connect to a host of online shopping cart systems enabling small ecommerce business owners to reduce fees with ease.

The solution will store merchant’s client data in a Level 1 PCI certified data facility, allowing them to initiate transactions without having to access card information and also process without transmitting payment information through their web application.

The gateway will allow the merchants to conduct recurring billing, process transactions directly within QuickBooks as well as send online invoices that can be set to receive full or partial payments.

Velcro Pay executive vice president Matthew Loughran said: "This was a big milestone for us, to be able to help small businesses around the globe save on each transaction either through our virtual terminal, mobile swiper on their phones or with our online invoicing system so they get paid faster."

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Source: PRWeb