Velcro Pay, The Merchant Service Marketplace, Launches Online Invoicing Solution

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Velcro Pay, who compares payment processing rates and services maximizing savings for small business owners, recently launched an online invoicing solution to better serve their clients around the globe and get them paid faster.
With our client base now expanding across the globe from the EU to Central America we needed to make sure our invoicing solution was able to handle the needs of global businesses.

Velcro Pay brings transparency to the credit card processing industry by shopping the rates and services with multiple providers on behalf of small business owners to ensure the small business owner is matched with the correct processor for their specific business type. Velcro Pay acts as a protective shield for small business owners who might not understand the nuances of merchant services, they make sure the small business owner does not get themselves into a contract that is unfair or has inadequate services included for their needs.

Velcro Pay launched their online invoicing solution this week that allows them to offer small businesses a faster more efficient way to get paid and keep the cash flow moving. The Velcro Pay online invoicing solution is ideal for any business owner still using paper invoices or anyone using online invoicing systems that are connected to Stripe and are tired of paying high fees. The online invoicing system is built off of the Velcro Payment Gateway so business owners can be confident that the data is handled with a Level 1 PCI compliant data facility. The online invoicing system allows merchants the ability to process without transmitting payment information through their web application reducing the risk of client data being breached.

The online invoicing system is simple to use and intuitive with only minutes to create an invoice to be sent via email. This service provides real time invoice creation and delivery for business owners. The system accepts full or partial payments as well as supports multiple currencies and tax structures. “With our client base now expanding across the globe from the EU to Central America we needed to make sure our invoicing solution was able to handle the needs of global businesses. So if you are an importer in Panama with clients in Australia our system can accept payments and have them settled in your local currency,” stated Matthew Loughran Executive Vice President of Velcro Pay. “This solution can also be ideal for local freelance businesses as well who are tired of paying high fees with their current invoicing service. We typically say as a rule of thumb if you are accepting more than $3000 a month in payments with either a mobile swiper or through online invoicing then you should really get an actual merchant account and separate yourself from those aggregators to save on costs,” added Loughran.        

About Velcro Pay
Velcro Pay was founded to assist small business owners in finding the right merchant service plan for their specific business vertical at the most competitive price on the market. Velcro Pay remains diligent in their goal to deconstruct and make transparent the process of acquiring merchant services for small business owners around the globe. To obtain more information please contact Velcro Pay at 877-901-6474 or

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