Elavon Named Merchant Acquirer of the Year
June 22 2011 - 4:00AM
Business Wire
At a glittering award ceremony at the Westin Grand in Frankfurt
last night, Elavon, a leading global payments provider and
wholly-owned subsidiary of U.S. Bancorp (NYSE: USB), was announced
as winner of the Merchant Acquirer of the Year Award at the Cards
& Payments Europe 2011 Conference and Awards
Dinner.
Nominated along with HSBC Merchant Services and AIBMS, the award
was given to “the merchant acquirer that has made a major
change to the industry through expansion, technological
advancements, acquisitions or other significant activities”.
Cards & Payments Europe is a European
Conference, running for its 24th year in 2011. It has its
foundations in VRL's leading publications Cards
International and Electronic Payments International.
The finalists for the awards were judged
in eleven separate categories for their achievements over
the last 12 months. A panel of five judges selected the winner from
among those organizations nominated by readers or judges.
“We are delighted to receive this award; it acknowledges several
years of very hard work to bring about the advances we were
recognised for last night. Our parent company, U.S. Bancorp,
invested heavily in new technology to facilitate faster and more
secure processing for our customers. In Europe we are also reaping
the rewards of a strong global value proposition that gives our
partners and clients one source for all their payment processing
needs. Relationships with banks, associations and third-party
distributors that began in one country or region have now expanded;
many are now doing business with us in Europe, the U.S., Canada,
Mexico and Puerto Rico. But ultimately our success is because our
people, processes, products and service are so strong,” commented
Simon Haslam, President International Operations for Elavon.
About Elavon (www.elavon.com): Elavon is
wholly owned by U.S. Bancorp (NYSE: USB) and provides end-to-end
payment processing solutions and services to more than one million
merchants in the United States, Europe, Canada, Mexico, Brazil and
Puerto Rico. Elavon markets solutions including credit and debit
card processing, electronic gift cards, dynamic currency
conversion, multi-currency support, and cross-border acquiring
through multiple alliance channels including financial
institutions, trade associations, third party sales agents; as well
through direct sales. Elavon’s suite of solutions is tailored to
meet the needs of merchants in specialised markets such as retail,
hospitality/T&E, health care, education and the public
sector.
About Cards & Payments Europe:
Cards & Payments Europe is content-led, and has its
foundations in VRL's leading publications Cards International and
Electronic Payments International.
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