Elavon acquires payment software solutions provider CenPOS

Thursday 10 January 2019 14:20 CET | News

Elavon, a global payments provider, subsidiary of US Bancorp, has acquired CenPOS, a US-based company offering integrated payment software solutions.

CenPOS focuses on three industry verticals: automotive, travel and entertainment (T&E), and general B2B transactions. In addition, CenPOS’ distribution strategy and product capability fit Elavon’s features.

Elavon accepts and processes payments on behalf of more than a million businesses in the US, Canada, Mexico, and Europe; thus, adding CenPOS to the US Bancorp family will provide greater scale and streamlined payments capabilities.

The acquisition closed on January 8, 2019. Financial terms of the deal were not disclosed.

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: Elavon, CenPOS, solutions provider, payment software, US Bancorp, B2B transactions, payments provider
Countries: World

Industry Events