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When Apple introduced, Apple Pay™ an easy, secure and private way for customers to pay with their iPhones, the payments industry took notice. Apple enjoys roughly 40% of the smartphone market, and has proven success moving their customer base to the latest technology—Samsung and Android quickly followed Apple’s lead and introduced mobile wallets of their own. This payment technology enables a new and potentially large segment of the smartphone population to try mobile payments, which can result in increased consumer spend for your business. Elavon will help you get mobile payment ready.
You can accept mobile payments with Elavon’s NFC (Near Field Communication) contactless enabled terminals. Not only will you be able to accept payments through mobile wallets but the EMV and traditional magnetic stripe cards as well.
And you won’t be sacrificing payment security for mobility – all of our EMV payment solutions incorporate chip card security measures with available encryption and tokenization services to protect your customers’ card data and reduce the risk of financial losses flowing from unexpected data breaches.
*Visa/MasterCard/Discover service is sponsored through Elavon. Rates listed are for qualified transactions. A monthly minimum charge applies when total transaction fees and per-item charges are less than $20 per month. A $25 Application Fee and $4.95 Monthly Statement Fee apply for Non-Executive Members. Rates and fees may change without notice. Rate and acceptance are subject to underwriting and business approval. This rate is for U.S. Costco members only. Call Elavon at 800-551-0951 for all terms and conditions.
**Estimated savings are calculated on annual processing rates and are based on Elavon's analysis of The Strawhecker Group’s industry data survey in payment processing services as of January 2019 on net revenue from merchants of a similar size and type compared to the portfolio. Actual savings will depend on business type, card type, and manner of card acceptance and volume of transactions. Non-Executive Members pay an Application Fee and Monthly Statement Fees. Services provided by Elavon.