Realex to Provide Managed Gateway for Elavon in Europe
Sept. 5, 2013
Irish payments technology provider Realex Payments has signed an agreement to provide payments processor Elavon with an online payment gateway for European businesses. Under the agreement, Realex also will handle outsourced and localized support and resources that will help the U.S. Bank unit drive adoption of the solution in Europe.
Guy Harris, managing director and executive vice president for Europe at Elavon said: “The combination of Elavon’s acquiring experience, processing reach, and financial stability, with Realex Payments’ gateway expertise, fraud controls and connectivity results in a win-win for our customers.”
Realex said providing managed gateway solutions for major processors, like the current deal with Elevon and a similar agreement last year with Global Payments, will be a significant driver of growth for the company.