U.S. Bank and Elavon Customers Can Make and Accept Payments with Android Devices
September 10 2015 - 12:29PM
Business Wire
Android Pay™, a safe and secure way for customers to make mobile
payments and for merchants to accept mobile payments, is beginning
to roll out to customers of U.S. Bank and Elavon, the global
acquiring subsidiary of U.S. Bancorp (NYSE:USB).
Android Pay will be available for download on Google Play in the
next few days, and will come preinstalled on new NFC-enabled
Android phones from major carriers. With Android Pay, U.S. Bank
customers with eligible consumer and small-business Visa credit or
debit cards will be able to use their Android mobile phone to make
fast, simple and secure payments in-store—all without pulling out a
wallet.
In order to keep a customer’s card details safe, Android Pay
does not send actual credit or debit card numbers to merchants with
payment. Instead, through tokenization, Android Pay uses a virtual
account number to represent a customer’s account information. U.S.
Bank and Elavon merchant customers can accept Android Pay at the
point of sale using terminals enabled with Near Field Communication
(NFC).
“Adding Android Pay as a mobile payment option for our
cardmembers and merchant customers is one more way we make it
convenient for our customers to do business with U.S. Bank and
Elavon,” said Dominic Venturo, chief innovation officer at U.S.
Bank. “Android Pay aligns with our commitment to innovation that
leads to better experiences for our customers.”
For more information about Android Pay and U.S. Bank cards,
please visit usbankgomobile.com/wallet/#/androidpay. For more
information about point of sale devices equipped with NFC
functionality, visit www.elavon.com or speak to a banker.
About U.S. BankMinneapolis-based U.S. Bancorp (NYSE:
USB), with $419 billion in assets as of June 30, 2015, is the
parent company of U.S. Bank National Association, the fifth largest
commercial bank in the United States. The Company operates 3,164
banking offices in 25 states and 5,020 ATMs and provides a
comprehensive line of banking, brokerage, insurance, investment,
mortgage, trust and payment services products to consumers,
businesses and institutions. Visit U.S. Bancorp on the web at
www.usbank.com.
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 1.3 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.
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version on businesswire.com: http://www.businesswire.com/news/home/20150910006379/en/
U.S. BankHolly Maddox, 404-632-6088Corporate
Communicationsholly.maddox@usbank.com
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