Article

Research shows that 79% of small and medium-sized businesses (SMBs) prefer to have their financial institution provide digital solutions for banking, payments, and administrative tasks.

Elavon, the merchant partner of Elan Credit Card, offers innovative payment solutions with the latest technology designed specifically for financial institution partnership. This allows credit unions to earn non-interest income while delivering the solutions their business members need.

For example, Elavon’s integrated point-of-sale (POS) system talech®, is a popular cloud-based, turnkey business management solution for SMBs and offers key benefits to those businesses including:

• Ability to manage multiple operational tasks such as order management, inventory and staff reporting, customer management, business insights, and payments processing
• Cloud-based POS solution ideal for restaurants, retail and service-based businesses
• A talech mobile app for iOS and Android devices
  

From underwriting to continued account maintenance, Elavon assumes risk associated with the merchant contract. Staff training, program reporting, are also provided by Elavon through a tenured client support team.

To learn more the benefits of offering merchant services and the flexible partnership models available for your credit union, complete the form below.