Founded in 1991 as NOVA Information Systems, Elavon Inc. provides payment processing solutions and services for small to enterprise-sized businesses in the United States, Europe, Canada, Mexico, Brazil, and Puerto Rico. It supports 48 different currencies, and it specializes in working with businesses in the airlines, hospitality and entertainment, restaurant, retail, healthcare and public sector industries. It offers reseller and referral programs that include merchant processing services for financial institutions, payment processing services for Independent Service Organizations, and customer relationship management services. Elavon has more than 1 million customers and processes 3 billion transaction per year.
Elavon’s contracts typically run for three years, but savvy merchants have been known to negotiate shorter terms. Elavon offers many services, as well as numerous software options, including iMerchantConnect and talech. Standard features of an Elavon contract include online reporting and customer management are offered through iMerchantConnect, which updates in real time. talech is an iPad point-of-sale app that pairs with Elavon mobile and portable card readers. This allows a customer to turn any iPad into a functioning point-of-sale machine.