Elavon
Elavon is the merchant-acquiring arm of U.S. Bancorp, providing end-to-end payment processing and gateway services to more than 2 million businesses across the United States, Europe, and Canada. It is the fifth-largest U.S. acquirer by volume, with proprietary Fusebox and EPG gateway technology and deep specialization across airlines, hospitality, healthcare, retail, and SMB segments.
- Company typePrivate
- Founded1991
- HeadquartersAtlanta, United States
- Headcount1,001–5,000
- GTM typeB2B
- OfferingServices
What Elavon does
Elavon is a global payment processing company and a wholly-owned subsidiary of U.S. Bancorp (NYSE: USB), founded in 1991 and headquartered in Atlanta, Georgia. The company provides end-to-end merchant acquiring and payment processing services across in-person, online, and mobile channels, serving more than 2 million customers in the United States, Europe, and Canada. It processes over $576 billion in transactions annually and is ranked the fifth-largest U.S. merchant acquirer and the second-largest bank-owned acquirer in the 2025 Nilson Report, also placing fourth in card-not-present (eCommerce) purchase volume.
Elavon's product portfolio centers on the cloud-based Elavon Payment Gateway (EPG), a unified omni-commerce platform launched in October 2024 with AI-powered Real-time Fraud Scoring, 3D Secure, and digital wallet support, alongside the award-winning Fusebox gateway (TSG "Best Performing Gateway" and "Best Transaction Speed" for seven consecutive years) and Converge gateway. Supporting products include the talech POS suite (Mobile, Register, Terminal, Restaurant, Retail, and Services variants), the Cloud Payments Interface (CPI) RESTful API for hospitality, embedded consumer financing via U.S. Bank Avvance ($300–$25,000 loans, 3-month to 7-year terms), Quick Capital revenue-based SMB financing through a Liberis partnership, the MedEpay healthcare patient-payments platform integrated from the Salucro acquisition, and Mass Transit Payments for SEPTA and international transit operators. Distribution is anchored in the WorksWith Elavon ecosystem of 100+ certified software and hardware integrations, with REST APIs and SDKs available through the Developer Portal.
Revenue is generated primarily through transaction-based take rates on payment processing, supplemented by subscription and usage fees for gateway services, hardware sales of Castles and talech terminals, embedded financing revenue from Avvance and Quick Capital, and ancillary value-added services such as interchange optimization, multi-currency conversion, surcharge programs, chargeback management, and PCI compliance support. The go-to-market blends direct enterprise field sales for large merchants (8 of the top 10 global airlines, 7 of the top 10 U.S. hotel brands), inside sales for mid-market and SMB segments, an extensive partner network spanning ISOs, ISVs, payment facilitators, financial institutions (notably BMO for white-label distribution), and marketplace listings (Microsoft Marketplace, WooCommerce Marketplace). Pricing is quote-based and varies by transaction volume, industry vertical, average ticket size, and card mix.
Elavon firmographics
Firmographics- Name
- Elavon
- Legal name
- Elavon, Inc.
- Website
- https://elavon.com
- Company type
- Private
- Founded year
- 1991
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Elavon is the merchant-acquiring arm of U.S. Bancorp, providing end-to-end payment processing and gateway services to more than 2 million businesses across the United States, Europe, and Canada. It is the fifth-largest U.S. acquirer by volume, with proprietary Fusebox and EPG gateway technology and deep specialization across airlines, hospitality, healthcare, retail, and SMB segments.
- Ownership category
- akta.pro rank
Elavon industry classification
Industry- Product category
- Payment Processing
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Securities and Commodity Contracts Intermediation and Brokerage (5231), Sales Financing (52222)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- Integrated Payment Processors (PSP/Acquirer) (FSAMABAA)
- akta.pro secondary industries
- Merchant Acquiring & Card Processing (PSPs) (CRAFALAB), Merchant Acquiring & Processing Platforms (BPAMAFAB), Embedded Payments (Pay-ins, Pay-outs, Wallets) (FSAGALAB)
Keywords
Where Elavon is headquartered
LocationHeadquarters
- HQ city
- Atlanta
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Elavon business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Technology or R&D, Personnel, Infrastructure, Marketing or Sales
Revenue model
- Payment Processing Transaction Fees: Core revenue from processing payment transactions across credit cards, debit cards, and digital payment methods. Transaction fees constitute primary revenue stream for merchant acquiring services.
- Payment Gateway Services: Subscription and usage-based revenue from providing gateway infrastructure for online and omnichannel payment processing through Fusebox and EPG platforms.
- Point-of-Sale Lending (Avvance): Revenue from consumer loans originated at point of sale through U.S. Bank Avvance program. Merchants receive full payment upfront while consumers pay over time.
- Value-Added Services: Revenue from ancillary services including payment optimization, debit optimization, multi-currency conversion, dynamic currency conversion, surcharge programs, gift card processing, and ACH/echeck processing.
- Embedded Lending (Quick Capital): Revenue-based financing through Liberis partnership providing working capital to SMBs with single simple fee structure rather than interest.
- POS Hardware Sales: Revenue from sale and lease of payment terminals, smart terminals, and Android-based POS devices through Castles Technology partnership.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Monthly | Transaction-based pricing tailored to merchant profile |
Go-to-market motion4 records
Distribution channels9 records
Marketing channels7 records
Elavon product offering
Product offeringCore offering
Elavon is a global merchant acquiring and payment processing company that enables businesses of all sizes to accept in-person, online, and mobile payments across credit, debit, and digital methods. Its portfolio includes proprietary payment gateways (Fusebox, Converge, Elavon Payment Gateway), the talech point-of-sale suite, the All-In-One Payments Platform, vertical-specific solutions (Cloud Payments Interface for hospitality, Mass Transit Payments, healthcare payments), and embedded financing products such as Avvance POS lending and Quick Capital merchant funding.
Product overview
Elavon is a global payment processing company and wholly-owned subsidiary of U.S. Bank offering a comprehensive portfolio of payment solutions. The core offering centers on merchant services and payment processing for in-person, online, and mobile channels. Key products include: the Fusebox and Converge payment gateways (with Fusebox recognized for 7 consecutive years); the talech POS suite (Mobile, Register, Terminal, Restaurant, Retail, Services variants); the cloud-based Elavon Payment Gateway (EPG) launched in 2024 with AI-powered fraud scoring; the All-In-One Payments Platform expanding across North America; Elavon Business Solutions for small businesses; and specialized vertical solutions including Cloud Payments Interface (CPI) for hospitality, MedEpay for healthcare, and Mass Transit Payments. Additional offerings include Avvance POS lending, Quick Capital merchant funding (via Liberis), Live Payments for Microsoft 365 integration, WorksWith partner ecosystem, and various optimization, security, and reporting services. The ecosystem is supported by the Developer Portal providing REST APIs and SDKs.
Differentiator
Problem solved
Functional benefit
Brands
- Elavon Business Solutions: Industry-tailored payments solution designed to help small businesses start, operate, and grow with payments, software, and services in one unified platform.
- Elavon Payment Gateway (EPG)
- Fusebox
- Converge
- talech
- WorksWith Elavon
- Quick Capital
Products and services
- Merchant Services & Payment Processing End-to-end payment processing and merchant acquiring services enabling businesses to accept credit, debit, and digital payments across in-person, online, and mobile channels in the United States, Europe, and Canada.
- Fusebox Payment Gateway Proprietary omnichannel payment gateway offering high uptime, fast authorization, and global transaction processing for merchants and ISVs.
- Converge Payment Gateway Payment gateway providing merchants with billing, invoicing, digital wallet, account updater, buy buttons, and subscription billing functionality.
- Elavon Payment Gateway (EPG) Unified cloud-based payment gateway serving in-store, online, and mobile payments globally with AI-powered fraud scoring, 3D Secure, and digital wallet support.
- talech POS Suite Suite of point-of-sale software solutions (Mobile, Register, Terminal, Restaurant, Retail, and Services variants) providing inventory management, reporting, and employee management for small businesses.
- All-In-One Payments Platform Integrated Android-based payments and POS platform combining Elavon payment infrastructure with hardware and software partners for hospitality, healthcare, and retail verticals.
- Elavon Business Solutions Industry-tailored SMB payments suite combining payments, software, and services in a unified portal with bundles for retail, restaurants, services, and eCommerce.
- U.S. Bank Avvance POS Lending Embedded point-of-sale lending solution enabling businesses to offer consumer financing at checkout with loans ranging from $300 to $25,000 and terms from 3 months to 7 years.
- Quick Capital (Liberis Partnership) Revenue-based financing solution for small businesses providing fast access to working capital in 1-2 business days with a single simple fee, integrated within the Elavon merchant portal.
- Elavon Live Payments Embedded-payments app for Microsoft 365 integrating with Outlook and Teams to enable businesses to create invoices and collect payments within productivity tools.
- Cloud Payments Interface (CPI) Cloud-based RESTful API simplifying digital and in-person payments for hotels and hospitality businesses, enabling mobile check-in and contactless payments without traditional terminal equipment.
- Mass Transit Payments Contactless fare collection solution for transit agencies enabling passengers to tap any enabled card or mobile device, reducing transaction costs and streamlining boarding.
- CenPOS Payment solutions for automotive dealers, supply chain operators, wholesale distributors, and heavy equipment industries.
- MedEpay Healthcare Payments Healthcare financial technology platform for patient payments, billing, and revenue cycle management serving hospitals, health systems, and medical practices.
- Elavon Developer Portal Developer platform providing REST APIs, SDKs, plugins, and integration documentation for the Elavon Payment Gateway, Cloud Payments Interface, and Avvance embedded financing.
Quantifiable outcome
- Fusebox gateway awarded Best Performing Gateway and Best Transaction Speed for 7th consecutive year by TSG with 96.3% global average approval rate
- +3 more outcomes
Companies that use Elavon
Customer profileNamed customers10 records
Segments11 records
Ideal customer profiles5 records
Elavon technology and API
TechnologyTechnology focussed No
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration28 records
AI capability8 records
Feature9 records
Elavon partnerships and signals
Strategic signalPartnerships
18 partnerships are on record, tiered core, strategic and minor.
- Castles TechnologycoreStrategic collaboration enabling Android-based devices that combine point-of-sale software and payment acceptance in single mobile solutions. Core hardware partner for All-In-One payments platform with devices supporting tableside, poolside, and mobile payment scenarios.
- AgilysysstrategicMobile IG Fly solution integrates real-time order entry and secure payments on Elavon-powered all-in-one devices, enabling hospitality operators to serve guests anywhere.
- OraclestrategicElavon Simplify solution works with Oracle Simphony Payments Interface to connect Castles Android devices with Simphony mobile POS for hospitality businesses.
- ShijistrategicInfrasys POS integrates with Elavon-powered Castles Android devices to improve staff productivity and guest experience for hospitality operators.
- xnPOSstrategicxnPOS MobilePay integrates on Elavon-powered Castles Android devices supporting faster, more flexible service in the field. Partnership launched xnPOS MPay for hospitality industry.
- PayEnginestrategicAdded to Elavon WorksWith partner ecosystem to facilitate easier integration and management of payments for vertical SaaS platforms.
- VisacoreElavon among five major acquirers partnering with Visa on Intelligent Authorisation (VIA) platform launch in Europe, providing machine learning-driven real-time transaction analysis.
- LendProstrategicEarly integrated partner leveraging U.S. Bank Avvance developer portal for embedded point-of-sale financing capabilities for retailers and consumers.
- MicrosoftcoreCollaboration to introduce Elavon Live Payments, a groundbreaking payments app for Microsoft 365 offered through Microsoft Marketplace. Integrates with Outlook and Teams for invoice creation and payment collection without switching platforms.
- Flair AirlinesstrategicCanadian-based Flair Airlines utilizes Elavon payments products to enhance transaction security and efficiency for airline customers. Elavon is global leader in airline payments.
- MastercardcoreMastercard Receivables Manager and Commercial Direct Payments solutions offered through Elavon and other acquiring partners to address B2B payment automation and supplier acceptance challenges.
- WooCommercestrategicExpansion of European payments partnership to North America. Free Elavon extension available in WooCommerce Marketplace for 4+ million online stores to accept payments.
- Wyndham Hotels & ResortscoreExpansion of Cloud Payments Interface availability to 6,000+ Wyndham franchisees across U.S. and Canada. Elavon has been trusted Wyndham partner for two decades.
- LiberiscorePartnership to launch Quick Capital, providing fast, flexible revenue-based financing to 275,000+ U.S. merchants and 202,000+ Canadian SMBs through Elavon merchant portal. Expanded from US to Canada in 2026.
- BookingTekstrategicContactless order and pay technology partnership for U.S. and Canada hospitality industry enabling guests to charge meals and services anywhere.
- AuthviaminorExpanded referral relationship leveraging patented text-to-pay solution with professional services customers.
- SEPTAstrategicPartnership to enable contactless payment acceptance across Southeastern Pennsylvania Transportation Authority transit services for 500,000+ daily riders. SEPTA is one of ten largest U.S. transit systems.
- BMOstrategicPartnership to provide comprehensive payment solutions platform to BMO's U.S. clients including acceptance, enablement, and optimization of credit, debit, and digital payment transactions for small business and corporate clients.
Scale indicators9 records
Recent moves6 records
Expansion highlights9 records
Elavon competitors and assessment
Company assessmentEmerging players
- Stripe: Developer-first digital payments platform with a growing merchant acquiring footprint. The most direct competitive threat in eCommerce and ISV integrations, particularly for digital-native merchants building on public APIs.
- Adyen: Global unified-commerce payments platform that wins enterprise merchants requiring single-acquirer coverage across regions. The most direct competitor to Elavon's eCommerce/CNP offering at the global enterprise tier.
Direct peers
- Fiserv: Largest U.S. merchant acquirer (Clover + First Data) and the most direct head-to-head competitor in enterprise, SMB, and vertical payment processing. Competes for ISV partnerships, ISO channels, and large merchant acquiring accounts using overlapping distribution.
- Worldpay: Major U.S. and global merchant acquirer (owned by GTCR) competing directly in card-not-present, omnichannel gateways, and large enterprise acquiring including eCommerce and cross-border merchants.
- Bank of America Merchant Services: Bank-owned merchant acquirer most recently led by Wally Mlynarski before his appointment as Elavon's CEO. Competes head-to-head with Elavon for enterprise acquiring, payment processing, and embedded merchant services at U.S. Bank's banking peer.
- Block (Square): SMB-focused payments and POS competitor with the Square ecosystem (hardware, software, lending). The most direct competing unified SMB platform to Elavon's talech and Elavon Business Solutions suite.
- Chase Payment Solutions: Bank-owned merchant acquiring arm of JPMorgan Chase. The closest comparable structurally — competing for enterprise and mid-market merchants with similar balance-sheet-backed adjacent services and embedded commerce offerings.
- Global Payments: Top-tier U.S. merchant acquirer (post-Heartland/TSYS) with comparable SMB, mid-market, and enterprise offering and a similarly vertical-specialized go-to-market approach to Elavon.
Broad incumbents
- PayPal: Diversified payments incumbent with merchant acquiring, gateway, and consumer wallet (Venmo). Overlaps with Elavon in SMB eCommerce, digital wallet acceptance, and integrated checkout experiences.
- FIS (Fidelity National Information Services): Large financial services technology provider with merchant acquiring and processing capabilities. Competes for bank-sponsored acquiring programs and large enterprise processing deals; also a systems integration partner in some corridors.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights6 records
Customer concentration
Elavon social profiles
Digital presenceElavon compliance and trust
Trust signalCompliance2 records
Elavon financial estimates
Financial estimateRevenue estimate
Valuation estimate
Elavon leadership team
Management profileNumber of profiles
Profiles7 records
Elavon funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Elavon M&A and investment
M&A and investmentM&A4 records
Investments2 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Elavon
What does Elavon do?
Elavon is a global merchant acquiring and payment processing company that enables businesses of all sizes to accept in-person, online, and mobile payments across credit, debit, and digital methods. Its portfolio includes proprietary payment gateways (Fusebox, Converge, Elavon Payment Gateway), the talech point-of-sale suite, the All-In-One Payments Platform, vertical-specific solutions (Cloud Payments Interface for hospitality, Mass Transit Payments, healthcare payments), and embedded financing products such as Avvance POS lending and Quick Capital merchant funding.
Is Elavon a public or private company?
Elavon is a private company. It is classified as corporate owned and is currently operating.
When was Elavon founded?
Elavon was founded in 1991. It employs 1,001 to 5,000 people.
Where is Elavon based?
Elavon is headquartered in Atlanta, United States, in the North America region.
How does Elavon make money?
Six revenue lines are on record. Payment Processing Transaction Fees are the primary driver. The others are payment Gateway Services, point-of-Sale Lending (Avvance), value-Added Services, embedded Lending (Quick Capital) and POS Hardware Sales.
Who are Elavon's main competitors?
Emerging players on record are Stripe and Adyen. Direct peers are Fiserv, Worldpay, Bank of America Merchant Services, Block (Square), Chase Payment Solutions and Global Payments. Broad incumbents are PayPal and FIS (Fidelity National Information Services).
Does Elavon have an API?
Yes. Elavon provides REST APIs and SDKs for developers through its Developer Portal (developer.elavon.com). The APIs enable integration with payment gateways, including Elavon Payment Gateway (EPG) and Cloud Payments Interface (CPI). The Developer Portal offers multiple integration options including online checkout experiences, SDKs and plugins to leading eCommerce solutions. The platform supports Pay by Link functionality and comprehensive APIs for merchants of all sizes. Sandbox/testing environments are available for development purposes. Developer documentation is at developer.elavon.com.
What industry is Elavon in?
Elavon's product category is Payment Processing. Its primary akta.pro industry code is FSAMABAA, Integrated Payment Processors (PSP/Acquirer), with a secondary code of CRAFALAB, Merchant Acquiring & Card Processing (PSPs). Its NAICS code is 522320 and its SIC code is 6199.