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The Velocity Payment System is an electronic payment system and service provided by Govolution by Deluxe. Velocity has been honed to meet the strict technical, financial and security standards of the U.S. Federal Government. Starting with payment processing, its modules enable a full spectrum of business activities including back-end reporting, data management and administrative tools that integrate with legacy accounting and cash management systems. Govolution began in 1998 as a unit of Bixler Inc., a pioneer in the development of on-line financial transaction technologies. In that year, the Department of the Treasury’s Financial Management Service commissioned Bixler to develop a pilot electronic payment system to support Internet-based credit card collections (ICCC). Following the successful rollout of the pilot program, the platform evolved into the federal government’s enterprise credit card e-payment platform used by over eighty federal departments and agencies. Govolution leveraged the success, experience and industry expertise gained in the federal government sector to expand into state and local governments and utilities. Our premier solution, the Velocity Payment System, is the product leader in the industry. To date, Govolution has deployed more than 1,000 e-government tax and non-tax payment applications for the public sector. In 2005, Govolution, Inc. was acquired by First American Payment Systems, LP. Govolution, LLC now operates as a wholly-owned subsidiary of First American. First American Payment Systems, LP provides full-service credit card processing for approximately 140,000 merchants throughout the United States.

View Top Employees from Govolution, LLC
Website http://www.govolution.com
Revenue $5 million
Employees 15 (14 on RocketReach)
Founded 1998
Address 2000 14th St N 600, Arlington, Virginia 22201, US
Phone (703) 894-5000
Fax (703) 894-5001
Technologies
Industry IT Services and IT Consulting, Credit Cards & Transaction Processing, Banking, Other Financial Services, Electronic Payments, Finance, Financial Services, Other IT Services, Electronic Bill Presentment & Payment, Lending and Investments, CRM Payments, Information Technology, Software Development, Robotics, Hardware, Science and Engineering, Software, Venture Capital
Web Rank 3 Million
Keywords Govolution, Govolution *Service Arlington Va, Govultion, Govolution * Service Fee
Competitors Aptys Solutions, Fort Knox National, Internet Payment Exchange, Inc. (IPayX), Pace, Payment Asia
SIC SIC Code 615 Companies, SIC Code 61 Companies
NAICS NAICS Code 522 Companies, NAICS Code 52 Companies, NAICS Code 52232 Companies, NAICS Code 522320 Companies, NAICS Code 5223 Companies

Govolution, LLC Questions

The Govolution, LLC annual revenue was $5 million in 2023.

Frank Padovano is the Vice President of Product Management of Govolution, LLC.

14 people are employed at Govolution, LLC.

Govolution, LLC is based in Arlington, Virginia.

The NAICS codes for Govolution, LLC are [522, 52, 52232, 522320, 5223].

The SIC codes for Govolution, LLC are [615, 61].

Top Govolution, LLC Employees

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