Elavon, a subsidiary of U.S. Bancorp and a global payment solutions provider, announced that it has formed a division to work with enterprise clients in the pursuit of uncovering opportunities to help them lower costs centered around the “three big things” impacting the costs of accepting payments: rates, fraud, and data security.
“Companies often focus their attention on negotiating rates and fees in an attempt to shave a few basis points off their costs,” said James Ray, senior vice president, Global Accounts at Elavon. “The truth is that every payments-related expense analyzed for efficiency and brought under management drives money straight to the bottom line, providing companies with a tremendous opportunity to unleash savings and redirect spending at initiatives that drive growth. Our Professional Services team is uniquely qualified to consult with companies and uncover cost-saving opportunities.”