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 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.
Contact:
Joe Rauch, Communications Manager | Global Head of Communications for Merchant Acquiring | Public Affairs and Communications
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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