Elavon signs payments processing deal with SocGen

Elavon will provide payment services to Societe Generale’s business clients in eight countries.

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Elavon, a global payments provider and subsidiary of U.S. Bancorp, has agreed a new partnership with financial services group Societe Generale for payments acceptance and acquiring services across Europe.

Societe Generale’s business clients will now have access to Elavon’s cross-border payment capabilities in the United Kingdom, Austria, Belgium, Germany, Italy, Netherlands, Spain and Switzerland. This will complement Societe Generale’s established payments infrastructure (face-to-face and e-commerce) in France.

Elavon’s payments services include accepting electronic payments from payment cards, digital wallets, alternative payment methods and real-time bank transfer capabilities. The company offers a full range of payments solutions to leading international businesses across more than 30 countries in Europe.

This includes Elavon’s omni-commerce payment solution, which offers businesses the ability to accept payments in any payment environment needed, including in-store, mobile, mail/telephone order (MO/TO) and online.

Building on Elavon’s renowned expertise and capabilities, Societe Generale will enable its clients to benefit from best-in-class service for card present and e-commerce, aligned to its robust quality standards. Both businesses and consumers benefit from Elavon’s advanced secure payment solutions and fraud prevention.

Aurélien Viry, Global Head of Payments and Cash Management for Societe Generale comments: “Elavon’s comprehensive service capabilities across Europe will give our clients access to best-in-class service and innovation in payments. We are delighted to work with Elavon for payment acceptance and acquisition services across these eight European countries.”

Colin Close, Country Manager, UK and International Corporate for Elavon Financial Services adds: “We are extremely pleased to be chosen as Societe Generale payments partner across Europe. Elavon brings the expertise of working with international businesses to facilitate cross-border operations in the UK and the continent. As part of U.S. Bank, we are a trusted choice for financial institutions who benefit from our payments experience and capabilities.”

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