US Bancorp owned Elavon, a global payments provider, has extended its multi-year alliance with MUFG Union Bank to expand the geographic coverage and availability of payment consultants across Union Bank’s retail branch network, private bank and business banking relationships.
Union Bank’s new and existing merchant customers will benefit from Elavon’s payment-processing network, enabling them to have a one-stop solution for all banking and payment-processing needs.
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Combined expertise of the US-based lender that provides an array of financial services to small businesses and middle-market companies with payment solution of Elavon will offer enhanced products to facilitate small business customers grow.
Guy Harris, president of North America at Elavon, said: "Continuing our relationship allows us to offer innovative solutions that will help Union Bank’s merchant customers compete in today’s marketplace and manage the cost of payments."
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