NCR Corporation and Elavon agreed to combine NCR’s tablet and mPOS technology with Elavon’s payment processing and distribution channels. Offering secure POS solutions to small business customers, the partnership is introducing NCR Silver cloud-based, small business POS system through Elavon’s sales channels for the first time. With Elavon’s processing and the addition of NCR Silver to its payment solutions portfolio, the new offering is positioned to small business owners when they are looking to start or grow their businesses. NCR Silver operates on Apple® iOS devices like the iPad®, iPhone® and iPod touch®, allowing small businesses to interact with customers, sell and manage their businesses from anywhere.
Elavon and 41st Parameter online fraud detection and prevention announced agreements whereby Elavon will offer its clients 41st Parameter’s “FraudNet” hosted fraud prevention solution. Elavon selected 41st Parameter’s FraudNet solution on the basis of its fraud detection results and extremely low false positive rates, in conjunction with its over eight years of continuous innovation, fraud expertise and a proven track record of servicing the world’s top banks, travel and ecommerce organizations.
Elavon payments provider and Banco Santander forged a joint venture relationship to assume responsibility for Santander’s merchant customers and will be equipped with specialized teams who, in collaboration with the branch network, will provide service, support and solutions. Customers will benefit from the powerful combination of Santander’s trusted brand and Elavon’s award-winning International Processing Platform and IP Gateway, recognized as the Best Merchant Acquiring Initiative by the Cards & Payments Awards in 2012. The new joint venture extends an existing relationship between Elavon and Santander dating from 2003 when the companies launched foreign currency payment services for Spanish retailers.
Elavon payment solutions provider has announced the Irish launch of its secure Chip and PIN MobileMerchant smartphone card processing solution. MobileMerchant is an innovative, secure, complete payment solution that transforms mobile devices into payment terminals, allowing businesses to accept card payments quickly and securely anywhere, anytime, without a major investment of money or effort. MobileMerchant’s payment app is paired with a Chip and PIN card reader, allowing payments to be processed using BlackBerry® or Android® smartphones and tablets. The solution combines the ease of using a mobile phone for payments, with pricing options including an affordable, easy-to-understand rate programme, making it the ideal solution for small businesses on the go, or for companies that have mobile field operatives that would like to extend the convenience of credit and debit acceptance to their customers.
Elavon payment solutions provider announced its “SAFE-T” Suite security solution now includes support for EMV, providing businesses that process and store cardholder data with greater security for payment transactions. The “SAFE-T” Suite helps businesses protect card data at every step of the transaction process: when it is in use, in transit, or at rest. EMV terminals read advanced algorithms contained on Chip cards to authenticate that the card is not a counterfeit. Point-to-point encryption secures the data from the time a card is presented and as it travels across the payment processing networks. Tokenization replaces actual card data with a unique identifier to protect data at rest in a merchant’s environment, while still allowing it to be used for subsequent business purposes. For any business that processes card-on-file transactions, has a loyalty program, or needs data for customer analytics, SAFE-T Suite offers added peace of mind. It allows for these processes to continue without the risk of exposing actual card data, while making the tokenized data available for future use.
Elavon global payment solutions provider has launched its “MobileMerchant” payment solution that transforms mobile devices into payment terminals, allowing businesses to accept card payments quickly and securely anywhere, anytime, without a major investment of money or effort. MobileMerchant’s payment app is paired with a Chip and PIN card reader, allowing payments to be processed using BlackBerry® or Android® smartphones and tablets. Targeting small businesses on the go, “MobileMerchant” is also useful for companies with mobile field operatives that would like to extend the convenience of credit and debit acceptance to their customers.
Elavon global payments provider partnered DataCash to launch its “Global E-commerce Gateway” solution tp expand payment options and reduce fraud for businesses accepting e-commerce payments. The Global E-commerce Gateway implements fraud management services which provide industry-leading, end-to-end fraud monitoring, detection and prevention precisely tailored to the needs of businesses to mitigate their fraud exposure for any payment type, industry sector and geographic market. The gateway ultimately provides a single interface to connect to multiple traditional and alternative payment processors, with tokenization to mitigate PCI compliance validation.
USA Technologies wireless, cashless payment and M2M telemetry solutions for self-serve, small-ticket retailing industries has extended a ten-year relationship for an additional three-years with Elavon payments provider. The agreement provides USA Technologies with Elavon’s support to continue with its growth plans and reached a milestone along the anticipated path towards profitability. The partnership also provides USA Technologies a solid foundation that will support both improvements in functionality as well as a continued increase in customers, connections and resulting transactions processed on the Company’s ePort Connect services.
Elavon global payments provider and wholly-owned subsidiary of U.S. Bancorp was awarded Best Merchant Acquiring Initiative for its International Payment Processing technology at the 2012 Cards & Payments Awards. Beating out Barclaycard, Cashflows, HSBC Merchant Services and WorldPay, Elavon’s technology enhancements and investments in 2011 provided enhanced services to customers. Its International Processing Platform (IPP), a competitive differentiator, provides streamlined processing with single funding/statement capabilities and gives the company a significant cost advantage through its scale and capacity.
Elavon global payments provider and wholly-owned subsidiary of U.S. Bancorp and China UnionPay bankcard association set forth binding agreement to facilitate debit and credit card acceptance at Elavon’s merchants in the United States and Europe, eventually to extend to Elavon’s Canadian and Latin American merchants. The agreement extends Elavon’s end-to-end processing control, giving merchants direct connectivity to UnionPay while leveraging Elavon’s secure, world class international processing platform to provide merchants with the benefit of a single point of service for processing, funding, settlement and reporting for all Visa, MasterCard, American Express, Discover Network and UnionPay transactions.
Elavon global payments provider and wholly-owned subsidiary of U.S. Bancorp won the Merchant Acquirer of the Year Award at the Cards & Payments Europe 2011 Conference and Awards Dinner. Cards & Payments Europe is a European Conference, running for its 24th year in 2011. Finalists for the awards were judged in eleven separate categories for their achievements over the last 12 months by a panel of five judges. Elavon is wholly owned by U.S. Bancorp and provides end-to-end payment processing solutions and services to more than one million merchants Internationally.
Elavon-subsidiary of U.S. Bancorp and a leading global payments provider- released its “SAFE-T Suite” Secure and Flexible Encryption and Tokenization portfolio. Allowing companies to protect data at every point in transaction use, in transit and at rest “SAFE-T Suite” eases the burden of PCI compliance audits and helps reduce the total cost of card acceptance. It supports point-to-point encryption and protects data from the earliest point in the transaction lifecycle with VeriFone hardware-based tamper-resistant security module. Actual cardholder data never enters the payment stream, substantially mitigating the complexities of PCI compliance while meeting stringent security standards. Aside from card data encryption, the “SAFE-T Suite” also supports tokenization with a unique Token ID that replaces cardholder data on the response transaction, protecting data at rest and allowing subsequent transactions and adjustments to be securely processed.