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TheStreet Open House

NCR Silver And Elavon Join Forces To Market POS Solutions To Small Business Customers

Stock quotes in this article: NCR

NCR Corporation (NYSE:NCR) and Elavon, a wholly-owned subsidiary of U.S. Bancorp (NYSE: USB) and a leading global payments provider, have agreed to combine NCR’s tablet and mobile-based point-of-sale (POS) technology with Elavon’s payment processing and distribution channels to extend easy, secure and affordable POS solutions to small business customers.

NCR Silver, NCR’s revolutionary cloud-based, small business POS system, is now available through Elavon’s sales channels. With Elavon’s processing and the addition of NCR Silver to its payment solutions portfolio, the new offering is positioned to small business owners when they are looking to start or grow their businesses.

“We continue to expand our distribution network to make sure NCR Silver is in front of small business owners and those thinking of starting a small business when they make their crucial POS system decisions,” said Christian Nahas, vice president of the NCR small business team. “NCR Silver aims to make everyday easier for small businesses and their customers. And with Elavon’s agreement to provide payment processing and make NCR Silver available through its channels, we’ve made it easier than ever for the small business community to utilize this powerful technology.”

”The convergence of tablets, mobile commerce and cloud-based computing has resulted in the delivery of new, affordable point-of-sale solutions for small businesses,” said Marianne Johnson, executive vice president, global product & innovation at Elavon. “Until recently, these technologies were not built around the specific needs of many small business owners. Now, small businesses can take advantage of both the latest in payment technology as well as a single, comprehensive solution for managing day-to-day business transactions and record keeping.”

Powerful cloud-based technology allows NCR Silver to go beyond simple payment swipe and cash-register functions, giving small business owners the power to easily track sales, profits and inventory; market to customers with targeted and customized email campaigns; analyze business trends; and manage business finances. NCR Silver operates on Apple ® iOS devices like the iPad ®, iPhone ® and iPod touch ®, allowing small businesses to interact with customers, sell and manage their businesses from anywhere. Apple devices are sold separately.

For more information about NCR Silver, please visit NCRSilver.com.

About Elavon ( www.elavon.com )

Elavon's Global Acquiring Solutions organization provides end-to-end payment processing services to over 1.2 million merchants in the US, Europe, Canada, Mexico, Puerto Rico and Brazil. Elavon markets solutions including credit and debit card processing, dynamic currency conversion, multi-currency support, and cross-border acquiring through multiple alliance channels and tailors services to meet the needs of customers in small business, retail, hospitality/T&E, health care, education and the public sector. European activities are conducted through Elavon Financial Services Limited, an Irish registered bank headquartered in Dublin, which is a wholly owned subsidiary within the U.S. Bancorp (NYSE: USB) group of companies.

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