Elavon, a wholly owned subsidiary of U.S. Bank and a global payments leader, announced plans to embed its payments capabilities into SAP’s Digital Payments Add-On and Open Payment Framework applications, helping enterprises reduce the complexity of managing payments across finance, commerce and other core business operations. Elavon also has joined the SAP PartnerEdge program to support the development and delivery of integrated products and services.
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Elavon has extensive experience processing complex, high-volume transactions around the globe and supporting businesses across a wide range of industries. As an SAP partner, Elavon will be able to connect Elavon payment capabilities to SAP applications for finance, commerce, supply chain management and other core business functions. The connection is expected to provide organizations with streamlined payment processes, reduced friction, improved operational efficiency and faster realization of value from their investment in SAP solutions.
“Payments should simplify operations, strengthen customer experiences and help businesses grow, not add another layer of complexity,” said Wally Mlynarski, CEO of Elavon. “By combining Elavon’s payments expertise and global scale with the trusted capabilities of U.S. Bank, we can help bring secure, reliable payment solutions into the SAP applications businesses use every day. This supports our strategy to make payments more connected, streamline operations and help clients grow.”
This partnership represents the next stage in Elavon’s embedded and integrated payments strategy. By using SAP resources, tools and implementation practices, Elavon expects to foster greater collaboration throughout the ecosystem while delivering enterprise-grade payment solutions with fewer disruptions and risks.
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