Elavon and payleven to increase mobile debit and credit card acceptance

Comtex News Network

Nov 28, 2012 (Datamonitor via COMTEX) --Elavon, a wholly owned subsidiary of US Bancorp and a provider of payment solutions, has partnered with payleven, a mobile payments provider, to boost mobile debit and credit card acceptance by small and independent businesses in Europe.

payleven's solution turns smartphones and tablets into mobile debit and credit card processing terminals using its free software app (available for Apple iOS in the App Store and for Android devices in the Googleplay store) plus a free card reader (or dongle). Elavon provides payment processing (acquiring) services - mobile payments cannot be transacted without this functionality.

Alexander Zumdieck, Co-Founder of payleven, said: "Elavon is the perfect partner for an innovative project like this. There is no other card payment service provider better positioned across Europe than Elavon. With its powerful, international payment and service infrastructure, we chose a provider who realises our services professionally, quickly and safely."

Jan Reinink, Head of Business Development in Germany, said: "Elavon is committed to delivering solutions that enhance business opportunities for its customers, of all sizes, helping to make them more efficient and more profitable. payleven's solution is perfect for the thousands of very small, often mobile, businesses in Europe today. Such businesses have previously not been able to accept card payments easily or cost effectively."

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