View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Dashboards
  2. Deals
January 15, 2014updated 04 Apr 2017 4:09pm

Paychex partners with Elavon to launch new suite of payment processing services

US-based Paychex has joined forces with global payments provider Elavon to launch a new suite of payment processing solutions to address the needs of small businesses.

By Verdict Staff

US-based Paychex has joined forces with global payments provider Elavon to launch a new suite of payment processing solutions to address the needs of small businesses.

Free Report
img

Prepare for changes in the Payments market

 The Payments market has seen drastic changes in the past few years, with this only expected to continue. What does your company need to do to prepare for what’s to come? GlobalData’s Payment Trends for 2022 report explores the key trends in technology, consumer habits, and regulations shaping the market. We also identify the leading companies in this changing market, giving you a competitive market outlook. This report covers the impact of:
  • ESG
  • E-commerce
  • Mobile payments
  • Alternative payment rails (Real-Time Payments, Blockchain, BNPL)
  • Fraud & Cybersecurity
  • Regulations
Download the report now to learn essential strategies to maximize your growth in the face of rapid change.
by GlobalData
Enter your details here to receive your free Report.

According to Paychex, the new suite of payment processing solutions will include credit and debit card processing, mobile and online payment services, and POS solutions.

In addition to credit card processing, the Paychex solution will also allow business owners to electronically deposit cheques, offer gift cards, and earn revenue through dynamic currency conversion.

Through this fully integrated system, business owners will be able to accept multiple payment types, apply discounts, track inventory, and access detailed reports and analytics from their computer or iPad to manage their business.

Furthermore, Paychex will also offer a selection of EMV-enabled credit card terminals for accepting the new chip-based credit cards already in use worldwide, and making their way to the US.

Paychex president and CEO, Martin Mucci, said: "With the addition of payment processing services, we’re adding a single-provider payments solution to fulfill a need that’s critical to the success of many businesses.

"Through our partnership with Elavon, our suite of services takes pressure off the business owner by assisting with payment industry compliance requirements and providing them with the latest technology, while preparing them for the future."

Free Report
img

Prepare for changes in the Payments market

 The Payments market has seen drastic changes in the past few years, with this only expected to continue. What does your company need to do to prepare for what’s to come? GlobalData’s Payment Trends for 2022 report explores the key trends in technology, consumer habits, and regulations shaping the market. We also identify the leading companies in this changing market, giving you a competitive market outlook. This report covers the impact of:
  • ESG
  • E-commerce
  • Mobile payments
  • Alternative payment rails (Real-Time Payments, Blockchain, BNPL)
  • Fraud & Cybersecurity
  • Regulations
Download the report now to learn essential strategies to maximize your growth in the face of rapid change.
by GlobalData
Enter your details here to receive your free Report.

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. A weekly roundup of the latest news and analysis, sent every Wednesday.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Electronic Payments International