Elavon partners with Verizon on mPOS system
The system integrates Elavon's payment and loyalty products, talech's software platform and Verizon's expansive high-speed 4G LTE network.
Elavon, a global payment solutions provider to more than 1.3 million business customers and wholly owned subsidiary of U.S. Bancorp, has joined the Verizon Partner Program, along with software provider talech, to provide small and medium businesses with a turnkey mobile point-of-sale system.
The system integrates Elavon's payment and loyalty solutions, talech's software platform and Verizon's expansive high-speed 4G LTE network, enabling customers to take orders, manage inventory, access customer information and view daily reports in real time, according to the announcement. In addition, the new product provides businesses with enhanced insights through 'big data' analysis.
"This powerful combination makes the era of Big Data accessible and relevant for small businesses," said Elavon's President of North America Guy Harris. "By building in robust customer loyalty and security features more commonly found in high-end POS options, this user-friendly solution enables SMBs to serve their customers better while providing business insights to help them compete more effectively."
Talech’s POS processes payments via Elavon's fully encrypted payment processing platform and also is integrated with Elavon's Fanfare loyalty and gift card programs, which allows SMBs to deliver rewards to customers at the point-of-sale, according to the announcement. In addition, by accessing the Fanfare data-rich dashboard, small businesses can easily target participating customers with offers and promotional campaigns to drive additional sales and revenue. Businesses and their customers can rely on fast, efficient point of sale transactions via Verizon’s expansive 4G LTE wireless network.
"Through innovation and collaboration with Elavon, Verizon is enabling business customers to take advantage of a powerful mobile POS solution that will deliver a positive and secure end-user experience," said Adam Famularo, vice president of Global Channels at Verizon. "Our VPP program offers qualified resellers, agents and solutions providers a great platform for accelerating sales opportunities and revenue."