Elavon and FreedomPay to transform payments for hospitality and retail in Europe
April 24 2024 - 6:01PM
Elavon, a leading global payments provider, today announces its
expanded collaboration in Europe with FreedomPay, a global leader
in Next Level Commerce™ technologies. The partnership aims to
deliver cutting-edge integrated commerce solutions and omni-channel
payments technology to large enterprise merchants across Retail and
Hospitality.
The agreement pairs Elavon acquiring with FreedomPay commerce
technologies to benefit Elavon merchants across Europe, empowering
businesses with enhanced payment flexibility and optionality, data
security, and a seamlessly integrated payments technology across
both physical and ecommerce channels.
“Elavon and FreedomPay have an enviable track record in Europe
of helping hospitality and retail merchants grow their operations
and better meet their customers’ needs,” said Hemlata Narasimhan,
President of Elavon in Europe. “We’re pleased to extend our
relationship with FreedomPay to continue to offer the first-class
payments experience we’ve become known for.”
Elavon has long been a leader in hospitality and retail
payments, and integrating with the FreedomPay Commerce Platform
merges security, identity, payments, loyalty, and advertising with
proprietary data driven solutions.
“Together, Elavon and FreedomPay are reshaping the global
payments landscape, introducing greater functionality and
innovation to enterprise businesses and their customers,” said
Chris Kronenthal, President of FreedomPay. “Merchants can now
expect a seamless and consistent payments experience backed by Next
Level data, loyalty, and security.”
About Elavon
(elavon.co.uk)
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. Registered in Ireland with
Companies Registration Office. The liability of the member is
limited. United Kingdom branch registered in England and Wales
under the number BR022122.
Elavon Financial Services DAC, trading as Elavon Merchant
Services, is a credit institution authorised and regulated by the
Central Bank of Ireland. Authorised by the Prudential Regulation
Authority. Subject to regulation by the Financial Conduct Authority
and limited regulation by the Prudential Regulation Authority.
Details about the extent of our regulation by the Prudential
Regulation Authority are available from us on request.
About FreedomPay
(www.freedompay.com)
FreedomPay’s Next Level Commerce™ platform transforms existing
payment systems and processes from legacy to leading edge and
enables merchants to unleash the power of pay. As the premier
choice for many of the largest companies across the globe in
retail, hospitality, lodging, gaming, sports and entertainment,
foodservice, education, healthcare and financial services,
FreedomPay’s technology has been purposely built to deliver rock
solid performance in the highly complex environment of global
commerce.
The company maintains a world-class security environment and was
first to earn the coveted validation by the PCI Security Standards
Council against Point-to-Point Encryption (P2PE/EMV) standard in
North America. FreedomPay’s robust solutions across payments,
security, identity, and data analytics are available in-store,
online and on-mobile and are supported by rapid API adoption. The
award winning FreedomPay Commerce Platform operates on a single,
unified technology stack across multiple continents allowing
enterprises to deliver an innovative Next Level experience on a
global scale.
Contact info:Hayley MylesHill & Knowlton for
FreedomPayHayley.Myles@hillandknowlton.com
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