Elavon Review: Is It the Best Payment Processing Solution for Small Businesses?
Elavon is one of the most popular payment processing solutions for small businesses, offering a range of features and benefits that can help them save money on their credit card processing fees. But is Elavon really the best option for your business? In this review, we’ll take a closer look at the pros and cons of using Elavon as your payment processor.
Introduction:
In today’s digital age, accepting payments online or in-store has become an essential part of running a small business. However, processing these transactions can be costly, with many merchants facing high credit card processing fees that eat into their profits. That’s where Elavon comes in – a payment processing solution designed to help small businesses save money on their credit card processing fees. Elavon has been around for over 20 years and has established itself as one of the leading payment processors in the industry. With its vast network of merchants, Elavon offers a range of services that cater to different business needs, from online payments to mobile commerce solutions.
Key Points:
1. Low Transaction Fees: One of the biggest advantages of using Elavon is its low transaction fees. Elavon charges a competitive 2.4% + $0.10 per transaction fee, which is significantly lower than many other payment processors in the industry. 2. No Monthly Minimums: Another benefit of using Elavon is that it doesn’t have any monthly minimums or contract requirements. This means that merchants can start processing transactions right away without being tied down to a long-term agreement. 3. Secure Payment Processing: Elavon uses advanced security measures to protect merchant data and prevent unauthorized transactions. The company also complies with PCI-DSS standards, which ensures the security of sensitive card information. 4. Customized Solutions: Elavon offers customized payment solutions that cater to different business needs. From online payments to mobile commerce solutions, the company provides merchants with a range of tools and services that can help them streamline their operations and increase sales. 5. 24/7 Customer Support: Elavon also offers 24/7 customer support to its merchants. With this level of support, businesses can get assistance whenever they need it, which can be especially helpful during peak periods or when dealing with technical issues. 6. Merchant Discounts: Elavon provides merchant discounts on certain products and services. For example, the company offers a 1% discount on all Apple transactions, which can help merchants save money on their credit card processing fees. 7. No Hidden Fees: One of the things that sets Elavon apart from other payment processors is its lack of hidden fees. The company provides transparent pricing and clearly communicates any additional charges or fees to its merchants.
Conclusion:
In conclusion, Elavon is a solid choice for small businesses looking to save money on their credit card processing fees. With its low transaction fees, no monthly minimums, secure payment processing, customized solutions, 24/7 customer support, merchant discounts, and transparent pricing, Elavon offers merchants a range of benefits that can help them increase sales and reduce costs. While there are no perfect payment processing solutions, Elavon is definitely worth considering for small businesses. By taking advantage of its low fees, secure payment processing, and customized solutions, merchants can streamline their operations, increase sales, and reduce their credit card processing costs. Ultimately, the decision to use Elavon as your payment processor will depend on your business needs and requirements. With its competitive pricing, advanced security measures, and range of services, Elavon is definitely worth exploring for small businesses looking to optimize their payments processing operations.