July 25, 2016 1:14 AM ET

IT Services

Company Overview of Elavon Inc.

Company Overview

Elavon Inc. provides payment processing solutions and services for small to enterprise-sized businesses in the United States, Europe, Canada, Mexico, Brazil, and Puerto Rico. It offers reseller and referral programs that include merchant processing services for financial institutions; payment processing services for MSPs/ISOs; and customer relationship management services. The company also provides Commerce SDK, a software development kit for developers at businesses, value added resellers, agents, and solutions providers to combine its payment processing, EMV certification coding, encryption and tokenization implementation, and hardware support for printers, terminals, and mobile devices. I...

Two Concourse Parkway

Suite 800

Atlanta, GA 30328

United States

Founded in 1991

1,400 Employees

Phone:

678-731-5000

Fax:

865-577-0661

Key Executives for Elavon Inc.

Chief Executive Officer and President
Chief Financial Officer
Chief Operating Officer
Chairman of US Bancorp, Chief Executive Officer of US Bancorp and President of US Bancorp
Age: 58
President of North America
Compensation as of Fiscal Year 2016.

Elavon Inc. Key Developments

ZirMed Selects Elavon as Preferred Processing Partner

Elavon announced that it is now the preferred processing partner for ZirMed. The new, multi-year agreement between Elavon and ZirMed advances their existing relationship by extending EMV (Europay, MasterCard and Visa) chip technology and Point-to-Point Encryption (P2PE) capabilities for ZirMed’s patient payment software solutions. Elavon's Simplify suite, which provides a multi-layered approach to payment security, was a major factor in ZirMed’s decision to make Elavon its preferred processor. Elavon’s Simplify solution enables ZirMed’s software to accept EMV chip cards, mobile wallets (including Apple Pay™, Android Pay™ and Samsung Pay) and older magnetic stripe cards, and immediately encrypts and secures card data for in-person payments. ZirMed also will make use of Elavon's Fusebox secure gateway for decrypting payment card data, while supporting integrated token technology for eCommerce and mCommerce transactions. This means that whether patients pay with their smart phones or online, they will be better protected with multiple layers of security.

Elavon and Capital Bank Sign Exclusive Payments Processing Deal

Elavon and Capital Bank Financial Corp. have signed an expanded multi-year agreement for payment processing that enhances a relationship that began in December 2005. Capital Bank will continue to use Elavon's innovative payments technology exclusively. The new agreement forms a relationship in which the companies also will share ideas and strategies to ensure the bank's valued business customers of all sizes receive secure payments technology and services. Capital Bank will offer its business customers Elavon's full lineup of payments processing technology, created and supported by The Grove, Elavon's global innovation center in Atlanta. These products offer EMV (Europay, MasterCard and Visa) chip technology, Point-to-Point Encryption (P2PE) and tokenization technology for multi-layered payments security for point-of-sale terminal and card-not-present processing. In addition, Elavon will dedicate an exclusive sales team and leader to the market and support the payment needs for Capital Bank customers.

Ariane Systems Selects Elavon to Provide Simplify Security Solution

Elavon has been chosen by Ariane Systems to provide its Simplify security solution to Ariane’s more than 3,000 hotel customers in 25 countries. The company’s Simplify payment software allows the hotel property management system (PMS) to securely accept EMV cards, contactless payments such as Apple Pay and other forms of electronic payments. At the same time, the company’s solution keeps card information safe with layers of security technology via EMV card acceptance, encryption and tokenization. Ariane Systems also will make use of the company’s Fusebox gateway, which supports integrated token technology for Ariane’s customers who offer eCommerce and mCommerce transactions. This means that guests paying with their smart phones or online will be protected with multiple layers of security.

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Recent Private Companies Transactions

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Date
Target
No transactions available in the past 12 months.
 

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