Providing payments providers the whole ecosystem from boarding through to remittance
Get started and arrange a demo
velocity logo

What is Velocity?

Velocity supports the payments industry to manage transaction processing, rating and funding distribution to merchants and sub-merchants. The platform simplifies the typically complex process of importing transaction data, rating that data against a merchant pricing profile, deducting service charges or chargebacks, invoicing and statementing and then distributing funds to the merchant on a gross or net settled basis. Velocity offers both instructional funding capability as well as managed settlement. With instructional funding, payment providers have the pricing and funding logic within their own system and simply send an API call or funding file to technologi for onward settlement. In the case of managed settlement, the pricing, funding method and frequency logic sits within Velocity.

The platform is aware of what has been offered to each merchant/sub-merchant as part of the boarding process, imports transaction data, managed deductions, generates statements and then manages the settlement of the funds. Velocity is a global solution (dependant on settlement bank) and is multi-currency and multi-language.

Velocity Highlights

Focus on the development of your core capability

The production and management effort of settlement functionality can be material and often a distraction from what payments businesses do best – innovate at the product level. Using Velocity allows you to focus on building great new functionality for customers without having to divert resource and attention to the build of transaction settlement functionality.

Multiple options to suit differing settlement requirements

For those with an existing platform simply looking for a method to settle transactions with reconciliation, dashboard and audit trail functionality the instructional funding capability is a logical option. For those looking to extend that capability, the managed settlement functionality of Velocity provides arguably the best features available in the market for processing, rating, service charging, settlement and fraud/risk management. Globalise your settlement capability by using Velocity covering multi-region, multi-language, multi-currency requirements.

Speed up time to market with a proven product

Velocity is not only a method of getting to market quicker with settlement functionality vs. building you own but also a way of getting to market with a comprehensive, industry leading set of features that allow you to extend and globalise your offer to merchants. The development on Velocity also continues day to day so it offers the opportunity for you to continuously improve your capability without needing dedicated product or development resource.

In-built deposit and reserve management

With the ability to manage deposits, set fixed and rolling reserves within Velocity it allows payments businesses to be more open to perceptually higher risk business. Rather than simply declining applications, you will now be able to deliver conditional acceptance options to merchants when money is held as a deposit, managed as a fixed value reserve or a reserve based on the percentage of processed transactions on a rolling basis for a defined period.

Full reconciliation and reporting

Import data from multiple sources to perform transaction reconciliation as well as provide reporting and insight both for the payments business and for merchants. The funding dashboard includes visibility of batches to be settled, transactions being held, reserves being managed, and charges being generated.

Billing, invoicing and statementing functionality

With integrated billing system functionality Velocity offers a comprehensive invoicing, crediting and statementing functionality to run alongside the processing and settlement of transactions. This provides payments businesses the whole solution for the management of charges to merchants/sub-merchants and the settlement of transactions processed on their behalf.

Use in conjunction with Revolution and Prospect

When Velocity is used in conjunction with Revolution, technologi’s merchant boarding tool and Prospect our risk management platform, it provides payments providers the whole ecosystem from boarding through to remittance.

technologi, provider of financial services technology

technologi is a provider of customer boarding, risk management, in-life maintenance, big data analytics, money settlement and gateway services.

Our non-intrusive technology allows our customers to create a service layer to deliver exceptional customer experiences and market leading innovation without reinventing their core platform or increasing their appetite to risk, but whilst improving efficiency and reducing application drop out.

Tailored service suites for you business

Innovate around the periphery, provide a services layer on top of existing infrastructure.

Payment Facilitator

Obtain and maintain compliance. Meet on-going obligations. Open up opportunities without taking unnecessary risk.

ISO (Independent Sales Organisation)

Improve boarding efficiency field, over the phone. Merchant self-boarding through your partners / agents.

Bank/Financial Services

Implement fintech style capability in even the most mature environments.


Boarding solutions (customer self-boarding, face to face and telephone boarding) utilising extensive 3rd party data integrations for efficiency and validation at point of sale. Acts as the umbrella across your internal systems, connecting you with your customer.


Customer credit and fraud risk assessment platform, calculating the risk of doing business with customers when boarding as well as a comprehensive in-life risk management platform, analysing big data to identify and respond to trends as they emerge.


Money settlement platform, that imports and rates transaction data, calculates settlement batches for onward distribution to customers. It has extensive functionality including the ability to set deposit, fixed and rolling reserves.


Big data analytics, used to create insight and identify trends within raw financial transaction data. Analytics provides a graphical insight nd summary data that can be used to support informed decisions both for service provider and the customer.

Why work with technologi

technologi revolution on mobile device
Extensive integrations

More 3rd party data providers, more acquirers, more tools and more integrated features than any other solution.

Time to market

Get your capability to market quicker using the technologi ecosystem.

One global solution

Extensive global coverage, you focus on your product roll-out, we will make it happen for you around the world.

Pick what you need

Don’t contract to capability you don’t need, pick and choose the suite combination to fit your requirements.

Focus on your core capability

Don’t be distracted from your core capability, let us provide the service layer for you to deliver exceptional customer experiences.

API, UI or hybrid

All the options to suit whichever way you want to take advantage

Businesses we currently work with