Under the terms of the agreement between the two companies, Elavon and its third-party sales channels are to provide American Express Card acceptance to small and mid-size merchants across US. The American Express OnePoint program is also aimed at bank-card accepting merchants that are interested in adding American Express Card acceptance. Elavon is to be held responsible for performing the set up, processing, settlement, funding, customer support and reporting for American Express acceptance. The former will also offer the program to merchants in its direct sales and alliance bank referral channels.
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