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In-store and Online Payments Streamlined with New Elavon Payment Gateway

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Elavon, a U.S. Bank subsidiary and global payment processor, has launched its unified cloud-based Elavon Payment Gateway. This omni-commerce solution enables merchants to accept payments in-store, online, and via mobile devices on a single global platform. The gateway features include omnichannel integration, comprehensive APIs, global reach, advanced security, and data-driven insights. It supports digital wallets like Paze, Apple Pay, and Google Pay, while offering value-added services such as Dynamic Currency Conversion and Recurring Payment Subscriptions. The solution is currently available for small businesses in the US market.

Elavon, una filiale di U.S. Bank e processore di pagamenti globale, ha lanciato il suo unificato Elavon Payment Gateway basato su cloud. Questa soluzione omni-commerce consente ai commercianti di accettare pagamenti in negozio, online e tramite dispositivi mobili su una singola piattaforma globale. Le caratteristiche del gateway includono integrazione omnicanale, API complete, portata globale, sicurezza avanzata e analisi basate sui dati. Supporta portafogli digitali come Paze, Apple Pay e Google Pay, offrendo anche servizi a valore aggiunto come la Conversione Dinamica di Valuta e Abbonamenti ai Pagamenti Ricorrenti. La soluzione è attualmente disponibile per le piccole imprese nel mercato statunitense.

Elavon, una subsidiaria de U.S. Bank y procesador de pagos global, ha lanzado su pasarela de pagos basada en la nube Elavon. Esta solución omni-commerce permite a los comerciantes aceptar pagos en tienda, en línea y a través de dispositivos móviles en una sola plataforma global. Las características de la pasarela incluyen integración omnicanal, APIs completas, alcance global, seguridad avanzada y análisis impulsados por datos. Soporta billeteras digitales como Paze, Apple Pay y Google Pay, ofreciendo además servicios de valor añadido como Conversión Dinámica de Moneda y Suscripciones de Pagos Recurrentes. La solución está actualmente disponible para pequeñas empresas en el mercado estadounidense.

Elavon은 미국 은행의 자회사이자 글로벌 결제 처리업체로서, 통합된 클라우드 기반 Elavon 결제 게이트웨이를 출시했습니다. 이 옴니커머스 솔루션은 상점, 온라인 및 모바일 장치에서 결제를 수락할 수 있도록 상인에게 제공합니다. 게이트웨이의 기능에는 옴니채널 통합, 포괄적인 API, 글로벌 도달, 고급 보안 및 데이터 기반 통찰력이 포함됩니다. Paze, Apple Pay, Google Pay와 같은 디지털 지갑을 지원하며, 동적 통화 변환 및 반복 결제 구독과 같은 부가 가치를 제공하는 서비스도 제공합니다. 이 솔루션은 현재 미국 시장의 중소기업을 위해 제공됩니다.

Elavon, une filiale de U.S. Bank et un processeur de paiements global, a lancé sa passerelle de paiement unifiée basée sur le cloud Elavon. Cette solution omni-commerce permet aux commerçants d'accepter des paiements en magasin, en ligne, et via des appareils mobiles sur une seule plateforme mondiale. Les caractéristiques de la passerelle incluent l'intégration omnicanale, des API complètes, une portée mondiale, une sécurité avancée et des analyses basées sur les données. Elle prend en charge des portefeuilles numériques tels que Paze, Apple Pay et Google Pay, tout en offrant des services à valeur ajoutée comme la conversion dynamique de devises et les abonnements de paiements récurrents. La solution est actuellement disponible pour les petites entreprises sur le marché américain.

Elavon, eine Tochtergesellschaft der US Bank und globaler Zahlungsabwickler, hat das vereinheitlichte cloudbasierte Elavon-Zahlungsgateway gestartet. Diese Omni-Commerce-Lösung ermöglicht Händlern, Zahlungen im Geschäft, online und über mobile Geräte auf einer einzigen globalen Plattform zu akzeptieren. Zu den Funktionen des Gateways gehören Omnichannel-Integration, umfassende APIs, globale Reichweite, fortschrittliche Sicherheit und datengestützte Einblicke. Es unterstützt digitale Wallets wie Paze, Apple Pay und Google Pay und bietet zusätzlich wertsteigernde Dienste wie dynamische Währungsumrechnung und wiederkehrende Zahlungsabonnements an. Die Lösung ist derzeit für kleine Unternehmen auf dem US-Markt verfügbar.

Positive
  • Launch of new unified payment gateway platform expanding service offerings
  • Global market reach potential through cloud-based scalability
  • Integration with major digital wallets and eCommerce platforms
  • Additional revenue streams through value-added services
Negative
  • initial availability to US small businesses only
  • Faces competition in saturated payment gateway market

Insights

The launch of Elavon's unified cloud-based payment gateway represents a significant technological advancement in U.S. Bank's fintech capabilities. The platform's comprehensive feature set - including omnichannel integration, support for multiple digital wallets and AI-powered fraud detection - positions USB to capture a larger share of the growing digital payments market. The timing is strategic, aligning with Visa's reported 67% of global consumers preferring online or hybrid shopping models.

The platform's cloud architecture enables rapid scaling and feature deployment, while the unified data analytics capabilities provide valuable customer insights that merchants can monetize. Integration with major eCommerce platforms like Shopify and WooCommerce significantly expands the potential merchant base. This positions USB well against competitors in the payments space, though revenue impact will depend on adoption rates and pricing strategy.

Cloud-based, Omni-Commerce Payments Gateway addresses evolving customer demands and business needs

ATLANTA--(BUSINESS WIRE)-- Elavon, a wholly-owned subsidiary of U.S. Bank and one of the largest global payment processors, announces the launch of its unified cloud-based Elavon Payment Gateway, enhancing payment experiences for both merchants and consumers.

The Elavon Payment Gateway is a single omni-commerce gateway solution, leveraging the latest cloud technologies and serving customers globally. Designed to simplify and enhance the payment experiences, the Elavon Payment Gateway empowers merchants of all sizes to accept payments in-store, online and via mobile devices, all within a scalable, single, global platform.

“Our cloud-based gateway will enable businesses to streamline their payment operations globally, providing a flexible and secure platform that grows with their needs,” said Pari Sawant, chief product officer for Elavon. “This launch reflects our dedication to offer an advanced payment platform to help merchants thrive in an increasingly complex, omni-channel commerce landscape.”

The Elavon Payment Gateway offers powerful features to make commerce easier, safer and more scalable:

Omnichannel Platform – Provides a unified payment experience across all channels. Integrates with digital wallets, including Paze, Apple Pay, Google Pay and regional Payment Methods for online purchases. Leverages the latest technologies, such as Android Smart Terminal Devices, to power in person payments.

Comprehensive APIs – Delivers frictionless developer experiences through multiple integration options, including online checkout experiences, SDKs and plugins to leading eCommerce Software solutions such as Shopify & WooCommerce. Facilitates easy and fast check out experiences via Pay by Link functionality.

Global Reach – Serves as a single technology platform, operating seamlessly across geographies.

Cloud-based scalability – Is built on the latest technology, with the latest security & fraud management features such as 3D Secure and AI powered Real-time Fraud Scoring.

Robust Value-added Services – Supports a broad range of needs, such as Dynamic Currency Conversion, Surcharging and Recurring Payment Subscriptions, to drive revenue and simplify business operations.

Data-driven insights – Provides a unified view of transactions across all channels to provide a deeper understanding of customer needs, optimize revenues and deliver more personalized services.

With 67% of consumers globally and 75% of consumers in the US and wanting to shop either online or a mix of remote and in-store– according to Visa’s 2024 Global Digital Shopping Index -- businesses increasingly need payments platforms with the flexibility to manage transactions quickly and securely, regardless of where the purchase is happening.

Available in the US market for small businesses today, the Elavon Payment Gateway will continuously evolve to help more businesses thrive today and in the future. Learn more about Elavon Payment Gateway here.

About Elavon

Elavon is owned by U.S. Bank (NYSE: USB), the fifth-largest bank in the United States, and provides end-to-end payment processing solutions and services to more than 1.3 million customers in the United States, Europe, and Canada. As the leading provider for airlines and a top five provider in hospitality, healthcare, retail, and public sector/education, Elavon’s innovative payment solutions are designed to solve pain points for businesses from small to the largest global enterprises.

About U.S. Bank

U.S. Bancorp, with more than 70,000 employees and $686 billion in assets as of September 30, 2024, is the parent company of U.S. Bank National Association. Headquartered in Minneapolis, the company serves millions of customers locally, nationally and globally through a diversified mix of businesses including consumer banking, business banking, commercial banking, institutional banking, payments and wealth management. U.S. Bancorp has been recognized for its approach to digital innovation, community partnerships and customer service, including being named one of the 2024 World’s Most Ethical Companies and Fortune’s most admired superregional bank. Learn more at usbank.com/about.

Disclosures:

Deposit products are offered by U.S. Bank National Association. Member FDIC.

Joseph Rauch

Joseph.Rauch@usbank.com

919.260.2994

 

Source: Elavon

FAQ

What features does the new Elavon Payment Gateway offer?

The Elavon Payment Gateway offers omnichannel platform integration, comprehensive APIs, global reach, cloud-based scalability, digital wallet integration, value-added services, and data-driven insights.

Where is the Elavon Payment Gateway currently available?

The Elavon Payment Gateway is currently available for small businesses in the US market.

Which digital wallets are supported by Elavon Payment Gateway?

The gateway supports digital wallets including Paze, Apple Pay, Google Pay, and regional Payment Methods for online purchases.

What value-added services does the Elavon Payment Gateway provide?

The gateway provides Dynamic Currency Conversion, Surcharging, and Recurring Payment Subscriptions services to drive revenue and simplify business operations.

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