31 January 2022
Atlanta, January, 31 2022 – Elavon, a wholly-owned subsidiary of U.S. Bank and one the largest payments processors globally, is proud to be honored by The Strawhecker Group (TSG) in its 2022 Real Transaction Metrics Awards. Powered by TSG’s Gateway Enterprise Metrics (GEM) platform, GEM uses pings and real transactions to monitor each gateway’s performance from over 20 different global locations 24/7/365. All transaction metrics are calculated by utilizing real TSG cards to complete transactions at real TSG merchants around the globe.
Elavon’s Fusebox gateway received first place for Fastest Transactions. GEM measures the time it takes for a transaction authorization to complete using a signature debit and/or credit card, just as a consumer would experience at the merchant. Elavon’s Fusebox received this award for having the fastest average transaction speed.
Performance data was assessed across more than twenty industry-leading payments providers for 2021 to determine the Real Transaction Metrics Awards.
“I’m thrilled our Fusebox gateway is being recognized for its best-in-class gateway speed, a critical component in a seamless customer experience,” said Jamie Walker, Elavon CEO.
Details about the Real Transaction Metrics Awards and the list of winners are available here.
About TSG
The Strawhecker Group (TSG) is a globally recognized analytics and consulting firm that supports the entire payments ecosystem, serving over 1,000 clients from Fortune 500 leaders to more than a dozen of the world's most valuable brands. Trusted by industry leaders, TSG's strategic services, market intelligence, and analytics merge to empower clients with actionable and accessible information. Please visit www.TheStrawGroup.com.
Notes to editors
About U.S. Bancorp
Headquartered in Minneapolis, U.S. Bancorp is the parent company of U.S. Bank National Association the fifth-largest commercial bank in the United States. The company’s three major business lines serve 15 million clients globally, and its team of nearly 70,000 people invest their hearts and minds to power human potential every day. Ranked 110th in the Fortune 500, U.S. Bancorp is deeply respected for its culture and long-term stewardship and admired for its diversified business mix and product capabilities.
About Elavon
Elavon, a wholly owned subsidiary of U.S. Bank, provides scalable, end-to-end payment processing and servicing solutions to a wide range of small businesses and enterprise clients across the United States, Europe and Canada.
Contact:
John Friess
Communications Manager| Merchant Payment Services
Business Line Communications | Public Affairs & Communications
john.friess@usbank.com
Recognized leader in payment processing
Elavon is proud to be a recognized leader in the payments industry by Forbes Best of 2024 as one of the 10 best credit card processing companies.
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