Elavon, a leading global payment solution provider and subsidiary of U.S. Bancorp (NYSE: USB), is launching a tablet-based payment solution in Canada that will provide small and medium-sized businesses with secure, interactive payment processing, powerful data analytics and affordability to help businesses effectively manage and grow their businesses.
The solution is the result of a relationship between Elavon and talech, a fast-growing Silicon Valley software company. Together, the duo now equips Canadian businesses with Elavon’s strength in payment solutions and talech’s intuitive and intelligent tablet-based point-of-sale platform.
“Together, talech and Elavon are helping small and medium-sized businesses compete with large retailers around the world,” said Irv Henderson, CEO of talech. “From our initial U.S. launch in 2014, to Europe last year and now Canada, we are making it possible for the corner store to obtain sophisticated customer data to grow its business.”
This powerful combination makes sophisticated data accessible and relevant for small to mid-sized businesses, enabling them to compete effectively against the marketing and operational might of much larger chains. The launch in Canada expands talech’s relationship with Elavon, which began when the companies joined forces in 2014 to offer a similar solution in the United States.
Mia Huntington, SVP and general manager of Elavon Canada, said, “Our new solution offers a simple, intuitive tool that puts data-driven insights at the fingertips of any business owner. Now, the local vintage clothing store or nearby bakery can take orders, manage inventory, access customer information and view daily reports in real time with just a few taps.”