Elavon, Societe Generale to expand European payment services

Global payments provider Elavon has established a new partnership with Societe Generale for payments acceptance and acquiring services throughout Europe.

As a financial services provider in Europe, Societe Generale will now have access to Elavon's cross-border payments capabilities for its business clients in the U.K., Austria, Belgium, Germany, Italy, Netherlands, Spain and Switzerland.

Societe Generale sign
A sign hangs outside a branch of Societe Generale SA in Paris, France, on Thursday, Sept. 15, 2011. French lenders top the list of Greek creditors with $56.7 billion in exposure to private and public debt, according to a June report by the Basel, Switzerland-based Bank for International Settlements. Photographer: Chris Ratcliffe/Bloomberg
Chris Ratcliffe/Bloomberg

Atlanta-based Elavon, the payments unit of U.S. Bancorp, will support electronic payment acceptance from payment cards, digital wallets, alternative payment methods and real-time bank transfer capabilities.

This will complement Societe Generale’s established payments infrastructure for in-store and e-commerce services in France.

“We are extremely pleased to be chosen as a Societe Generale payments partner across Europe," Colin Close, country manager for U.K. and international corporate for Elavon Financial Services, said in a Thursday press release. "Elavon brings the expertise of working with international businesses to facilitate cross-border operations in the U.K. and the continent."

Elavon offers a full range of payments solutions to leading international businesses across more than 30 countries in Europe, Close added.

Those services include Elavon’s omni-commerce payment solution, which offers businesses the ability to accept payments in any environment needed, including in-store, mobile, mail/telephone order and online.

“Elavon’s comprehensive service capabilities across Europe will give our clients access to best-in-class service and innovation in payments," Aurelien Viry, global head of payments and cash management for Societe Generale, said in the release.

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Cross border payments B-to-B payments Digital payments Europe
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