Major Clients:
Available upon request.
Revenue:
$10 million - $50 million
Year Founded:
1996
Pricing:
L
Fulltime Employees:
100 - 250
Primary Services:
Credit Card Processing, Merchant Services
Active Clients:
300+
Secondary Services:
Merchant Processing , Merchant Site Inspection
Client Retention Rate:
94%
Social:

Major Clients:
Available upon request.
Year Founded:
1996
Fulltime Employees:
100 - 250
Active Clients:
300+
Client Retention Rate:
94%
Revenue:
$10 million - $50 million
Pricing:
L
Primary Services:
Credit Card Processing, Merchant Services, Credit Card Processing, Merchant Services
Secondary Services:
Merchant Processing , Merchant Site Inspection
Social:

About - Elavon, Inc

Edward Johnson, CEO

141 Flushing Avenue, Suite 501 | New York, New York, 11205

Merchant Services, or better known as credit card processing is the handling of electronic payment transactions for merchants.

Merchant processing activities involve obtaining sales information from the merchant, receiving authorization for the transaction, collecting funds from the bank which issued the credit card, and sending payment to the merchant.

Back in the good old days, when life was much simpler, merchant services was limited to the following scenario:

John Doe walks in to Sams Supermarket and makes a purchase. Being that John and Sam were good pals, Sam had no problem extending credit to John. Sam would write down the amount of the purchase in his little black book and collect the balance at a later date.