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February 09, 2016 9:23 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





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: 57
President of North America
Compensation as of Fiscal Year 2015.

Elavon Inc. Key Developments

Banco Bradesco And Banco do Brasil In Talks To Buy Citigroup Joint Venture

Banco Bradesco S.A. (BOVESPA:BBDC4) and Banco do Brasil S.A. (BOVESPA:BBAS3) are in talks to buy Citigroup Inc.'s (NYSE:C) stake in a credit card processing joint venture with Elavon Inc., a source with knowledge of the negotiations said. The acquisition could be closed next month by Banco Bradesco and Banco do Brasil's holding company Elo Participações S.A., the source said, asking not to be named because the discussions are confidential. Representatives for Banco Bradesco, Banco do Brasil and Citigroup declined to comment on the talks.

Citigroup Reportedly In Talks To Sell Stake In Elavon Brasil

Citigroup Inc. (NYSE:C) has put its stake in a Brazilian credit card processing joint venture with Elavon Inc up for sale, two sources with direct knowledge of the plan said. Elavon hired Greenhill & Co Inc (GHL.N) as an adviser, the sources added. Citigroup's stake has been offered to Itaú Unibanco Holding S.A., Banco Bradesco S.A. (BOVESPA:BBDC4), state-controlled lenders Caixa Econômica Federal and Banco do Brasil S.A. (BOVESPA:BBAS3) as well as Banco Santander (Brasil) S.A. (BOVESPA:SANB4), one source said. Itaú, Banco Bradesco, Caixa, Banco do Brasil and Banco Santander declined to comment.

Citigroup Reportedly To Exit Brazil Card Venture

Citigroup Inc. (NYSE:C) has put up for sale its stake in a Brazilian credit card processing joint venture with Elavon Inc, two sources with direct knowledge of the plan said.

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