Elavon & BMO to bring payment solutions platform for US clients

By Delisha Fernandes

Elavon, a US-based payment processor, has announced a partnership with BMO, a bank in North America by assets, to provide a comprehensive and innovative payment solutions platform to the bank’s clients in the United States.

The partnership allows for the acceptance, enablement and optimization of credit, debit, and digital payment transactions. Additionally, it will provide secure, scalable payment capabilities and technologies tailored to the needs of BMO’s US small business, corporate enterprises, and capital markets clients.

“Elavon is excited to bring our capabilities to support BMO’s business clients,” said Jamie Walker, Elavon CEO. “Our range of digital payments capabilities reflects the evolving demands from clients for greater payments integrations with their own technology, faster access to funds, and top tier client service.”

Services include:

• Core acquiring and processing – customized merchant processing solutions
• Omnichannel acceptance – in-person, online or on-the-go
• Dynamic and multi-currency conversion – international payments
• Fraud management – proven track record with state-of-the-art security solutions

“Our partnership with Elavon aligns with BMO’s digital first strategy supporting progress for our clients through significant enhancements in technology capabilities that enable speed, scale, and elimination of complexity,” said Hugh McKee, Head, BMO Partners. “With Elavon, we’ll continue to accelerate high-value service and convenience to meet the diverse needs of our clients.”