Introduction
Elavon is a leading payment solutions provider that offers a wide range of payment processing options to its customers, including merchants and financial institutions. Established in 1991, Elavon is a subsidiary of U.S. Bank and is headquartered in Atlanta, Georgia.
Over the years, Elavon has expanded its reach to various countries and regions, including North America, Europe, and Asia-Pacific, making it one of the largest payment solutions providers in the world. Its mission is to help merchants accept payments easily and securely while providing them with the necessary tools to grow their businesses.
Key Features
Elavon provides several key features to its customers, making it an ideal payment solutions provider. These features include:
- Reliable payment processing: Elavon provides a reliable payment processing system that ensures merchants receive their funds on time and without any hiccups.
- Wide range of payment methods: Elavon allows merchants to accept a wide range of payment methods, including credit and debit cards, digital wallets, and ACH payments.
- Competitive rates: Elavon offers competitive rates to its customers, making it an affordable payment solutions provider for businesses of all sizes.
- Easy integration: Elavon provides easy integration options that allow merchants to quickly and easily integrate their payment systems into their existing business workflows.
Benefits for Merchants
Elavon offers several benefits to merchants, including:
- Increased sales: By accepting a wide range of payment methods, Elavon helps merchants increase their sales by providing customers with the flexibility to pay using their preferred payment method.
- Enhanced security: Elavon provides robust security features that ensure customer transactions and data are protected against fraud and theft, thereby building customer trust.
- Simplified payment processing: Elavon’s payment processing system is designed to be simple and easy to use, enabling merchants to focus on their core business operations.
Payment Methods
Elavon enables merchants to accept a wide range of payment methods, including:
- Credit and debit cards: Elavon supports all major credit and debit card brands, including Visa, Mastercard, and American Express.
- Digital wallets: Elavon enables merchants to accept payments using popular digital wallets such as Apple Pay, Google Pay, and Samsung Pay.
- ACH payments: Elavon enables merchants to accept electronic checks or ACH payments, which is a popular payment method for recurring payments such as subscriptions.
Security Features
Elavon provides robust security features to ensure customer transactions and data are protected. These features include:
- PCI Compliance: Elavon is PCI compliant, which ensures that all cardholder data is processed securely.
- Encryption: Elavon uses end-to-end encryption to protect customer data and transactions.
- Fraud prevention: Elavon provides merchants with tools to detect and prevent fraud, reducing the risk of chargebacks and disputes.
Merchant Support
Elavon provides excellent customer support to its merchants, including:
- 24/7 support: Elavon provides 24/7 support to its customers, ensuring they receive the necessary assistance whenever they need it.
- Dedicated account manager: Elavon assigns a dedicated account manager to each merchant, ensuring they receive personalized support and guidance.
Integration
Elavon provides easy integration options that enable merchants to quickly and easily integrate their payment systems into their existing business workflows. These integration options include:
- API integration: Elavon provides a robust API that enables merchants to integrate their payment systems into their existing business workflows.
- Plugins: Elavon provides plugins for popular e-commerce platforms such as Shopify and WooCommerce, enabling merchants to quickly and easily integrate their payment systems into their online stores.
Reputation
Elavon has a strong reputation in the payment solutions industry and has received several awards and accolades for its services. In 2020, Elavon was awarded the Best Merchant Acquirer or Processor award at the Card & Payments Awards in the UK, recognizing its innovative and effective solutions in the payments industry.
Scalability
Elavon’s payment solutions are scalable, making it an ideal partner for businesses of all sizes. Elavon’s solutions are designed to grow with a business, and it provides merchants with the necessary tools to expand their operations, such as:
- Recurring billing: Elavon’s recurring billing feature enables merchants to set up and manage recurring payments, making it easier to manage subscriptions and other recurring payments.
- Multi-currency support: Elavon provides support for multiple currencies, enabling merchants to expand their operations globally.
Fees
Elavon’s fees are competitive and transparent, making it easy for merchants to understand and manage their costs. The fees charged by Elavon depend on several factors, including the type of business, the volume of transactions, and the payment methods used.
| Fees | Details |
|---|---|
| Merchant Discount Rate (MDR) | Typically ranges from 2.2% to 2.9% depending on the type of business and volume of sales. |
| Monthly Minimum | Typically ranges from $25 to $30 per month. |
| Transaction Fee | Typically ranges from $0.10 to $0.30 per transaction, depending on the payment method used. |
Conclusion
Elavon is a reliable and trustworthy payment solutions provider that offers several benefits to its customers. Its key features, benefits, and security features make it an ideal partner for merchants looking to expand their business operations. With excellent customer support, easy integration options, and scalable solutions, Elavon is an excellent choice for businesses of all sizes.
If you are a merchant looking for a reliable and secure payment solutions provider, Elavon could be the right partner for you. To learn more about Elavon’s payment solutions, visit their website at https://www.elavon.com.
