![]() ![]() The company also charges an equipment rental fee, which is once again on top of the other setup, transaction, and monthly charges. But in Elavon’s case, this particular aspect sticks out due to its price point. This is also something that is done by most providers. These monthly fees are charged separately to other expenses, such as the transaction processing costs. While the structure is in line with other payment processors, the actual fee is a bit higher than standard providers.Įlavon payment processing has various monthly fees associated with its services, which vary upon the type of solution you get from the merchant payment processor. ![]() The transaction fee for some of its most basic solutions stands at 2.6% & $0.10 for card-swipe transactions, and 3.5% & $0.15 for key-entered transactions. Similar to other merchant services providers, Elavon levies its transaction fee on a per-transaction basis. It all depends upon the equipment’s features. ![]() In comparison, you only need to pay a $20 setup fee for its Ingenico MOVE/5000. For instance, if you select the company’s smartphone POS solution labeled the Roam RP457c, you need to pay a $149 setup fee. Knowing about these details helps you make an informed decision while looking for a merchant services provider.Įlavon payment processing has different setup fees available for various POS equipment. Since the company offers payment processing solutions across various mediums, it also has different pricing packages in place. While looking into Elavon merchant services, the first factor that you need to consider is the company’s pricing structure. Learn More Elavon Payment Processing Fees This is how Evalon payment processing compares to Stax. This lets you make an informed decision under your budget, requirements, and overall needs for payment processing. It is essential that you know about Elavon and how its services compare to other options. This is especially true for small and medium-sized businesses (SMBs) or self-employed professionals who cannot pay premium prices without compromising their profits. Due to this reason, the company’s merchant services falter in its overall accessibility. The real-time examples of these solutions can be seen in Elavon’s client portfolio, which includes names such as White Castle.ĭespite excelling at its services and boasting of high-profile clients, Elavon merchant services often fall short of delivering affordable prices for its solutions. This includes sectors such as retail, restaurant, healthcare, travel, and professional services. The variety of merchant services solutions offered by Elavon makes it a robust payment service for various industries and businesses. The firm also provides in-app payment solutions for those vendors who want to process payments through mobile applications. Elavon payment processing range across multiple modalities, including retail point-of-sale (POS) terminals, mobile POS machines, and online payment gateways. Based out of Atlanta, Georgia, the firm ranks among the top payment processors in the United States. With Converge Mobile, you can speed up the sales process for customers and employees alike.Founded in 1991, Elavon Payment Processing Solutions is a merchant services provider known for its global outreach and expansive payment network. With mobile payment terminals, bigger businesses can now also provide every member of staff with a way to take cash-free payments. You can take payments from your customers when you're out and about, or anywhere around your store. For small businesses, one smartphone device can be connected through Converge Mobile. With Elavon's Converge Mobile, payment solutions can even be scaled up with the addition of extra devices. Now, you can take payments on the go without a coin or note in sight. Mobile payment terminals provide unparalleled flexibility for receiving mobile and smartphone payments, as well as contactless payments using credit and debit cards. And, with businesses no longer static, there are many benefits to handheld payment terminals that will allow you to accept payments even if you are away from a static point of sale. With many customers refusing to carry cash, accepting mobile and contactless payments is particularly important. Mobile payments are big business, which means that accepting them is particularly important in an increasingly cash-free society. More than 50% of people are using their smartphones to make payments, and 60 million US residents are expected to be using mobile payments regularly before 2020. According to statistics, 29% of US consumers would like to use mobile payments for all of their spending. ![]()
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