ElabonWe have partnered with a global payment processor. BMONorth America's eighth-largest bank, will implement BMO's payments solutions platform for its U.S. customers.
The partnership is aimed at optimizing credit, debit and digital payment transactions and providing secure and scalable payment capabilities tailored to BMO's diverse customer base, the companies announced Thursday (March 14). did. press release.
“Elavon is excited to offer our capabilities to support BMO's business clients,” said Elavon's CEO. jamie walkersaid in a release. “Our range of digital payments capabilities reflects the evolving demands from our customers for more advanced payments integration with proprietary technology, faster access to funds, and the highest level of customer service.”
Services offered through this partnership include core acquisition and processing, omnichannel reception (in-person, online, or on-the-go), dynamic multi-currency conversion for international payments, and advanced fraud management with state-of-the-art security. included. According to the release, the solution.
“Our partnership with Elavon aligns with BMO's digital-first strategy to support our clients' progress through significant enhancements in technology capabilities that enable speed, scale, and the elimination of complexity.” hugh mackeysaid the head of BMO Partners in a release. “Together with Elavon, we will continue to accelerate high-value services and convenience to meet the diverse needs of our customers.”
BMO Financial Group had total assets of $1.3 trillion as of Oct. 31 and offers a wide range of products and services in personal and commercial banking, wealth management, global markets and investment banking, according to a release. .
In another recently announced partnership, BMO has partnered with: visa Visa Access Offered to BMO Credit Cardholders in October installment payment The program is a payment option that allows consumers to convert eligible purchases into smaller amounts. equal pay Something that was created over a certain period of time.
Subsidiary of Elavon us bankThe company provides end-to-end payment processing solutions to more than 1.3 million customers in the United States, Europe and Canada, according to a Thursday press release. The company is a leading airline provider and a top five provider in hospitality, healthcare, retail, and public sector/education.
In a recent product introduction, Elavon announced its next generation model based on Android. point of sale (POS) system called tarek terminal The system aims to streamline operations for small business owners and improve the payment experience for customers, it said in August.
