ATLANTA (October 26, 2026) — Elavon, a wholly owned subsidiary of U.S. Bank and a global payments leader, today announced plans to embed its payments capabilities into SAP’s Digital Payments Add-On and Open Payment Framework applications, helping enterprises reduce the complexity of managing payments across finance, commerce and other core business operations. Elavon also has joined the SAP PartnerEdge program to support the development and delivery of integrated products and services.
Elavon has extensive experience processing complex, high-volume transactions around the globe and supporting businesses across a wide range of industries. As an SAP partner, Elavon will be able to connect Elavon payment capabilities to SAP applications for finance, commerce, supply chain management and other core business functions. The connection is expected to provide organizations with streamlined payment processes, reduced friction, improved operational efficiency and faster realization of value from their investment in SAP solutions.
“Payments should simplify operations, strengthen customer experiences and help businesses grow, not add another layer of complexity,” said Wally Mlynarski, CEO of Elavon. “By combining Elavon’s payments expertise and global scale with the trusted capabilities of U.S. Bank, we can help bring secure, reliable payment solutions into the SAP applications businesses use every day. This supports our strategy to make payments more connected, streamline operations and help clients grow.”
This partnership represents the next stage in Elavon's embedded and integrated payments strategy. By using SAP resources, tools and implementation practices, Elavon expects to foster greater collaboration throughout the ecosystem while delivering enterprise-grade payment solutions with fewer disruptions and risks.
The companies plan to expand the integration over time to support additional SAP solutions, payment methods and markets, giving customers a more consistent way to manage payments across their operations.
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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