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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.


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