Elavon elated with bpost payments deal
It’s elation across a certain nation as Elavon, a subsidiary of US Bancorp, has secured a deal with Belgium’s postal operator bpost to provide payment services across 650 locations.
bpost has 650 post offices in Belgium
In the agreement, Elavon says it offers acquiring processing for card present (point of sales and vending machines), including contactless and will offer also acquiring services for card not present (e-commerce) to international networks, debit and credit cards.
Hannah Fitzsimons, EVP and general manager, Elavon Merchant Services: “The bpost agreement represents our first-ever government services contract in the Benelux market. The deal is due to our expertise in meeting the unique needs of the public sector across Europe.”
bpost employs 34,000 people worldwide and handles six million payment transactions per year at around 650 post offices serving the entire Belgian territory.
Elavon implemented services at bpost’s office branches in six months; and it used existing point of sales and electronic cash registers. Elavon says it processes 500,000 customers per year on a single payments platform with 99.98% reliability.
Last month, bpost chose Wolters Kluwer to provide its regulatory reporting and AnaCredit software for its operations in the country.
AnaCredit is the European Central Bank project to set up a dataset containing detailed information on individual bank loans in the euro area, harmonised across all member states.
