Canada Jetlines Ltd. (JET: TSX-V) (JETMF: OTCQB) (the “Company” or “Jetlines”) is pleased to announce that it has signed an agreement with Elavon, Inc., a wholly owned subsidiary of U.S. Bancorp (NYSE: USB), as its payment processing partner of choice.
Elavon provides end-to-end payment processing solutions and services to more than 1.3 million customers in the United States, Europe, Canada, Mexico, and Puerto Rico, and is a leading payments provider to airlines around the world.
Elavon will provide Jetlines’ customers with a secure and easy-to-use payment processing platform. Its omnichannel payment solutions will allow Jetlines’ future passengers to pay however they want whether its in-person, online, on the phone, or on their mobile device. Elavon also offers top-tier security controls to protect Jetlines and its future passengers’ data and privacy. Elavon’s platform will prevent fraud through its advanced and proprietary risk management tools, fraud detection solutions, and managed chargeback services.
Jetlines Chief Financial Officer, Carlo Valente, commented, “Elavon and U.S. Bank have a track record of delivering reliable, innovative, and secure payment solutions. Elavon is consistently rated among the top global payment providers and offers secure payments solutions that comply with industry standards. With data breaches becoming more and more common today, security of customer payments is crucial while also reducing the cost of payment card industry (PCI) data compliance. Elavon meets these needs with its award-winning, international processing platform and global payment solutions.”
“We are honored Jetlines named us their payments processing partner of choice,” said Brett Turner, head of airline acquiring, Elavon. “We’ve been processing payments for the airline industry since 1989, serving global and regional carriers of all sizes. Adding Jetlines to our portfolio of airline customers deepens our commitment to the Canadian market.”
Notes to editors
About Elavon
Elavon is wholly owned by U.S. Bank (NYSE: USB), the fifth-largest bank in the United States, and provides end-to-end payment processing solutions and services to more than 2 million customers in the United States, Europe, and Canada. As the leading provider for airlines and a top five provider in hospitality, healthcare, retail, and public sector/education, Elavon’s innovative payment solutions are designed to solve pain points for businesses from small to the largest global enterprises.
About U.S. Bank
U.S. Bancorp, with approximately 70,000 employees and $587 billion in assets as of March 31, 2022, is the parent company of U.S. Bank National Association. The Minneapolis-based company serves millions of customers locally, nationally and globally through a diversified mix of businesses: Consumer and Business Banking; Payment Services; Corporate & Commercial Banking; and Wealth Management and Investment Services. The company has been recognized for its approach to digital innovation, social responsibility, and customer service, including being named one of the 2022 World’s Most Ethical Companies and Fortune’s most admired superregional bank. Learn more at usbank.com/about.
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Contact:
Joe Rauch, Communications Manager | Global Head of Communications for Merchant Acquiring | Public Affairs and Communications
E: joseph.rauch@usbank.com