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Elavon

Elavon is the innovative, secure, and global partner for your payment processing needs, whether you do business online, mobile, or in-person.

Description

Elavon is a leading payment gateway provider headquartered in Atlanta, Georgia, United States. The company was founded in 1991 as NOVA Information Systems and was acquired by the US Bancorp in 2001. It rebranded as Elavon in 2010 and became a subsidiary of US Bancorp, a renowned financial services holding company. Elavon offers a wide range of products and services in the payment processing industry. Its primary offerings include secure payment gateways, merchant accounts, credit and debit card processing, gift and loyalty card programs, electronic check services, and eCommerce solutions. Elavon focuses on serving small to mid-sized businesses as well as large enterprises across various industries. On a global scale, Elavon has a strong presence in multiple countries, including the United States, Canada, Mexico, Brazil, the United Kingdom, Ireland, Germany, Poland, Norway, Spain, Slovakia, Puerto Rico, and more. It has established strategic partnerships with leading financial institutions, software providers, and technology companies to expand its reach and offer innovative solutions to its customers. Notably, Elavon has a joint venture with Banco Santander called Santander Elavon Merchant Services, providing payment services across Europe. Elavon holds a significant market position in the payment processing industry due to its extensive global network and comprehensive range of solutions. It competes with major players like PayPal, Square, and Stripe. As of the latest available information, Elavon processed over $450 billion in global sales volume annually, consolidating its position as one of the top payment gateway providers worldwide. In recent years, Elavon has focused on enhancing its product lineup and expanding its capabilities. They have invested in technology advancements, security measures, and new partnerships to meet the changing demands of the digital payment landscape. Moreover, the company has been recognized for its commitment to innovation, winning multiple awards for its payment solutions. As of the writing of this description, there are no significant, up-to-date updates or key information available about the current status of Elavon. However, given its strong market presence and ongoing commitment to growth and innovation, Elavon is expected to continue providing reliable and cutting-edge payment solutions to businesses worldwide.

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