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Costco and Elavon
Elavon has served as Costco members' exclusive payment processor for 29 years, delivering exceptional value to members through competitive rates and fees, cost-effective point-of-sale equipment, and dependable 24/7 support. Elavon enables members to accept credit and debit card payments, mobile wallets, gift cards and more. Over the course of the relationship, there has been a continuous focus on enhancing the product offerings to provide the latest payment processing capabilities for members and their customers.
As a Costco member, you get a reliable payment solution built to keep transactions smooth and your business running efficiently.
Enhance your checkout by taking payments however customers want to pay.
In-person payments
Elavon has you covered whether you need to take payments on a smartphone, smart terminal or full-featured point-of-sale system. Plus, Costco members get reduced pricing on equipment.
Online payments
Accept online payments to give customers the flexibility to shop anytime. You can easily collect payments through Elavon Payment Gateway with features like Pay-by-link. Plus, built-in fraud protection can help keep your business safe.
On-the-go payments
On-the-go payment acceptance lets you take your business wherever your customers want to buy. With Elavon Mobile or a wireless terminal you can accept payments anywhere so your customers can easily pay at the counter, during pop-up sales and on the road.
Tiered pricing exclusively for Costco members
In-person
When a customer pays in person with their card
1.10%
+12¢
per qualified transaction*
Online or over the phone
When a customer pays through your online store or over the phone
1.90%
+25¢
per qualified transaction*
What are Your Benefits
- No annual fee
- No reporting fees
- No batch fees
- Cost saving analysis
- No additional authorization fees
- No application fee for Executive Members†
- No cancellation fee or early termination fees
- No statement fees for Executive Members†
Reasons why Elavon is the best choice for your business:
Flexible payment solutions
Improved cash flow
Additional fees may apply.
24/7 Customer Support
Limited-time promotion
Start Taking Payments 1-855-533-8106
Customer Reviews
Elavon is fabulous! When we open new clinics all I have to do is email my customer account manager and she takes care of everything. Very professional and most helpful. My customer account manager makes my job easier!
Jamie Landrum
Sugar Hill Practice Management
Actual customer not pictured
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We accept relay calls.
1Must be a U.S. Costco member. To qualify for this promotion, you must sign up for a new Elavon merchant account from September 1, 2025 – October 31, 2025. The account must be activated by November 30, 2025. The Ingenico Desk 3500 terminal will be provided to you at no up-front cost. For this promotion, your Elavon merchant account must remain open and active for twelve (12) months following the date you activate the account by settling your first batch resulting in a deposit into your bank account. If these conditions are not met, the fair market price of the Ingenico Desk 3500 equipment ($199) will be debited to your Demand Deposit Account connected to your merchant account. For the Ingenico Move 5000 promotion, the terminal must be purchased from Elavon and the merchant account must be activated and actively accepting and settling payment transactions for a minimum of one week and be in an open status at the time of the terminal incentive credit award. $199 credit will be applied to the Elavon statement within 90 days of new account activation. Limit one offer for each member. Services provided by Elavon
**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 June 2025 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.