Elavon, a major global payment processor, has joined hands with BMO, the eighth-largest bank in North America, to offer cutting-edge payment solutions to BMO’s clients in the United States.
This strategic partnership aims to enhance the acceptance, enablement, and optimization of credit, debit, and digital payment transactions. It will deliver secure and scalable payment technologies customized to meet the specific requirements of BMO’s small business, corporate enterprises, and capital markets clients.
Jamie Walker, CEO of Elavon, expressed enthusiasm about the collaboration, stating, “Our digital payments capabilities are designed to cater to the evolving needs of clients, providing seamless payment integrations, quicker access to funds, and exceptional client service.”
Key services offered through this partnership include core acquiring and processing solutions, omnichannel acceptance for in-person, online, and on-the-go transactions, dynamic multi-currency conversion for international payments, and robust fraud management tools to ensure security.
Hugh McKee, Head of BMO Partners, highlighted the alignment of this partnership with BMO’s digital-first strategy, emphasizing the advancement in technology capabilities that will enhance speed, scalability, and simplicity for clients. The collaboration with Elavon aims to deliver high-value services and convenience to meet the diverse needs of clients.
To learn more about the merchant services available through BMO, visit their website at bmo.com/merchantservices.
