Enabling customers’ growth while increasing payment security
ATLANTA--(BUSINESS WIRE)--Nov. 3, 2014--
Elavon, a leading global payments provider and wholly owned subsidiary
of U.S. Bancorp (NYSE: USB) announces enhanced products for EMV
readiness, security and support for Apple Pay.
“With so many changes converging in the consumer payments space, could
there be any more exciting time in our industry?” asks Marianne Johnson,
executive vice president of global product and innovation at Elavon.
“We’re delighted to be center stage, helping our customers achieve their
growth goals while keeping their payments secure in the process. Our
investments in mobile and other innovative technologies are now paying
off for our customers: when a business is trying to accommodate the
consumer who wants to pay with their smart phone, and the next person in
line who presents a chip-embedded EMV card, they know they can rely on
us to help them make the sale with enhanced security and a great
customer experience.”
As businesses across the United States upgrade their payment processes
and systems to accept EMV transactions, they’re naturally expecting to
maximize any investment in new equipment to the greatest extent
possible. “We have chosen to upgrade now to an EMV-enabled terminal,”
said Rusty Bittle, owner of Pure Luxe Spa in Knoxville, Tenn. “Knowing
that the transactions we process offer enhanced security for our
business and our customers is consistent with our mission of keeping our
clients feeling relaxed and renewed. At the same time, our new equipment
also supports my clients who want to use contactless technologies to pay
at the point of sale with products like Apple Pay, and that is a win-win
for us.”
Whether EMV readiness or security, Elavon helps businesses tackle
several critical payment needs with valuable solutions. This also holds
true for Safe-T, Elavon’s security product line. Safe-T allows customers
to implement a layered security model, selecting from the right
combination of EMV, tokenization, or encryption solutions that fit their
particular operating practices. For businesses that rely on an
integrated POS system, common in the hospitality industry, for example,
Elavon developed Simplify, a security application that isolates and
encrypts sensitive cardholder data. This effectively bypasses the POS,
minimizing the otherwise extensive certification steps involved with
PCI; at the same time, Simplify supports EMV, NFC and Apple Pay.
About Elavon (www.elavon.com)
Elavon
is wholly owned by U.S. Bancorp and provides end-to-end payment
processing solutions and services to more than one million customers in
the United States, Europe, Canada, Mexico, Brazil and Puerto Rico. As
the #1 provider for airlines and a top five provider for hospitality,
healthcare, retail, and public sector/education, Elavon’s innovative
payment solutions are designed to solve pain points for businesses from
small to enterprise-sized.
Source: Elavon
Holly Maddox
Elavon media relations
Holly.maddox@elavon.com
M:
404-632-6088