Elavon will provide payment services to Societe Generale’s business clients in eight countries.
Elavon, a global payments provider and subsidiary of U.S. Bancorp, has agreed a new partnership with financial services group Societe Generale for payments acceptance and acquiring services across Europe.
Societe Generale’s business clients will now have access to Elavon’s cross-border payment capabilities in the United Kingdom, Austria, Belgium, Germany, Italy, Netherlands, Spain and Switzerland. This will complement Societe Generale’s established payments infrastructure (face-to-face and e-commerce) in France.
Elavon’s payments services include accepting electronic payments from payment cards, digital wallets, alternative payment methods and real-time bank transfer capabilities. The company offers a full range of payments solutions to leading international businesses across more than 30 countries in Europe.
This includes Elavon’s omni-commerce payment solution, which offers businesses the ability to accept payments in any payment environment needed, including in-store, mobile, mail/telephone order (MO/TO) and online.
Building on Elavon’s renowned expertise and capabilities, Societe Generale will enable its clients to benefit from best-in-class service for card present and e-commerce, aligned to its robust quality standards. Both businesses and consumers benefit from Elavon’s advanced secure payment solutions and fraud prevention.
Aurélien Viry, Global Head of Payments and Cash Management for Societe Generale comments: “Elavon’s comprehensive service capabilities across Europe will give our clients access to best-in-class service and innovation in payments. We are delighted to work with Elavon for payment acceptance and acquisition services across these eight European countries.”
Colin Close, Country Manager, UK and International Corporate for Elavon Financial Services adds: “We are extremely pleased to be chosen as Societe Generale payments partner across Europe. Elavon brings the expertise of working with international businesses to facilitate cross-border operations in the UK and the continent. As part of U.S. Bank, we are a trusted choice for financial institutions who benefit from our payments experience and capabilities.”
Notes to editors
About Elavon
Elavon is a leading global payments company with more than 4,300 employees and operations in 10 countries. A subsidiary of U.S. Bancorp (NYSE:USB), Elavon provides businesses with the technology needed to accept payments from customers, whether they are shopping in stores, at home or on the go. Its platform is distinctive in that it is common across countries, making it easier for businesses to get their payment system up and running quickly and securely.
Elavon Financial Services DAC, trading as Elavon Merchant Services, is regulated by the Central Bank of Ireland and the Prudential Regulation Authority and subject to limited regulation by the Financial Conduct Authority and Prudential Regulation Authority. Details about the extent of our authorization and regulation by the Prudential Regulation Authority, and regulation by the Financial Conduct Authority are available from us on request.
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.
*****************************************************************************************************************************
Contact:
Joe Rauch, Communications Manager | Global Head of Communications for Merchant Acquiring | Public Affairs and Communications
E: joseph.rauch@usbank.com