September 5, 2018Blog Posts

Elavon Acquires Virginia-Based Electronic Transaction Systems

Business Wire

Elavon, global merchant payment processing provider and subsidiary of Minneapolis-based U.S. Bancorp, has acquired Electronic Transaction Systems (ETS), a financial technology company based in Virginia. The acquisition will allow Elavon to integrate payment processing into ETS’ software, and provide businesses a safe and easy way to access Elavon’s services.

Increasingly, business owners expect that the software packages they use to run their businesses will come with payments acceptance and processing embedded in the software offering. Elavon is paving a way to future growth by integrating with these software packages.

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