Elavon and Bank of the West Extend 21-Year Marketing Alliance
December 04 2014 - 8:00AM
Business Wire
New seven-year agreement extends
relationship to 2021
Elavon, a leading global payments provider, and Bank of the West
have extended their 21-year referral agreement for merchant
services through 2021. Referrals for new business will be marketed
through Bank of the West’s 22-state banking network of more than
650 commercial office and retail branch locations.
“We appreciate Elavon’s support in enabling our customers to
accept payments in traditional and new, innovative ways,” said Alan
Newstead, senior vice president of retail banking product strategy
at Bank of the West. “At Bank of the West our customers are at the
center of our business, and we know Elavon is aligned with our
commitment to provide service-oriented, long-term value to them; we
look forward to building on our merchant services alliance.”
Under the terms, the bank’s existing and new merchant customers
can take advantage of innovative, simple and secure payment
solutions, including credit and debit card acceptance, enhanced
reporting, a comprehensive security program, and gift card and
loyalty solutions. These same customers will also have access to
enhanced products that appeal to today’s tech-savvy cardholders,
solutions including EMV technology embedded with NFC readers to
enable mobile payments and tablet based payment solutions that
replace traditional cash registers. Further, Elavon is expanding
geographic coverage and availability of payment consultants across
Bank of the West’s network as part of the extended
relationship.
“Twenty-one years and counting is the kind of testimonial that
makes me proud to be a part of Elavon,” said Guy Harris, president
of North America at Elavon. “I’m even prouder that we continue to
earn the business of Bank of the West,” he said. “Working with Bank
of the West has been tremendous for Elavon. Together, we will
enable commerce in innovative, new ways to help merchants manage
the cost of payments.”
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.
About Bank of the West
(www.bankofthewest.com)Bank of the West is a
regional financial services company chartered in California and
headquartered in San Francisco with $69 billion in assets. Founded
in 1874, Bank of the West provides a wide range of personal,
commercial, wealth management and international banking services
through more than 650 offices in 22 states and the internet
(bankofthewest.com). Bank of the West is a subsidiary of BNP
Paribas, which has a presence in 75 countries with 180,000
employees.
Elavon Media RelationsHolly Maddox,
404-632-6088Holly.maddox@elavon.com
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