Payments provider Elavon has extended its partnership with Santander UK for another five years, providing payment solutions to Santander’s customers.
The partnership aims to bring additional investment in technology to support eCommerce and deepen relationships with customers, helping them to operate more efficiently.
Colin Close, Country Manager, UK and International Corporate for Elavon Financial Services, said: “This is an exciting new chapter in our history with Santander UK. Together, our commitment, expertise and innovation in technology provides specialised payment and eCommerce solutions to meet the unique needs of different industries.
“This partnership supports our mission as part of U.S. Bank to help companies optimise their payments experience as the global economy becomes more digital.”
Businesses and consumers can access Elavon’s payment solutions through card, app, mail/telephone and online. In addition, customers can use the solutions across international borders.
John Carroll, Head of International & Transactional Banking, Santander UK, said: “We are delighted to renew our partnership with Elavon. Our commercial and strategic priorities align with Elavon’s, and together we can help businesses maximise their revenue opportunities.”
Elavon is a subsidiary of U.S. Bancorp and has worked with Santander since 2004 to offer payment solutions to businesses in the UK.
Through the alliance, Santander hopes to better serve businesses with bespoke payments solutions.
Last month, Elavon dipped its toes into the charitable sector through the deployment of 1,100 contactless terminals for the annual Poppy Appeal.
This effort, by Elavon, marks the largesT-ever deployment of cashless terminals for a charitable campaign in the UK.
The idea behind this is that charities will be able to increase revenue and simplify administrative efforts through providing more digital payment options.
In addition, last month Elavon acquired Sage Pay business from The Sage Group for about £232m ($305m).