Elavon is a merchant services provider that offers multiple payment processing solutions for businesses of all sizes. Its services also include ecommerce solutions, industry-specific solutions, loyalty programs, and more. In this article, we cover Elavon reviews and pricing. Ready to get started? Visit its website.
Elavon pricing depends on the payment method. For credit card payments, it offers a Countertop Terminal ($270 one-time fee + $10 monthly fee + transaction fees of $0.19 + 2.65% to 3.5%) and a Mobile Terminal ($89 one-time fee + $10 monthly fee + transaction fees of $0.19 + 2.65% to 3.5%).
|Credit Card Payment Options|
Elavon also charges an early termination fee determined by the greater of the total fees paid by the customer during the 12 months immediately before termination, or the total fees that would be payable by the customer during the 12 months immediately following termination.
Customized services are available for specialized industries and enterprises. Elavon also offers POS and ecommerce solutions. Interested users may contact Elavon’s sales team for a pricing quote.
Ready to get started with Elavon? Visit its website.
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Summary of Positive Elavon Reviews
Users who gave Elavon a positive review said that it has allowed businesses to save on costs and that businesses are able to collect payment relatively more quickly than other services. They also liked that it offers a full range of products and services.
One user who gave a positive Elavon review on TrustPilot commented that the terminals provided by Elavon enable their business to accept every card in the world and process foreign currencies. He added that they also save money from the cashback program by Elavon.
Summary of Negative Elavon Reviews
Users who gave Elavon a negative review said that its advisers provide incorrect information, giving an appealing pitch without disclosing the real costs for using the service. They added that Elavon increases fees without notice and warning and that it is difficult to get out of a contract with them.
One user who gave a negative Elavon review on TrustPilot said that an agent offered him the best deals, and said that there are no lock-in contracts, but when he signed up, he found out that all the promises were untrue. He added when he tried to cancel the service, he was told that he cannot cancel and that he still has to pay even if they don’t use the service anymore.
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7 Best Merchant Services Providers for Small Business 2019: We reviewed the top-rated small business payment processors in terms of fees, plans, and customer support for this guide. We also made certain to include all four payment processing fee structures in our mix of providers. This will help you understand how credit card processing works and determine which is the best merchant services solution for your business.
Check out the list below of some of Elavon’s features:
- POS systems
- eCommerce solutions
- Enterprise payment gateway
- Specialized industries solutions
- Loyalty program
- Accept payments on-the-go
- And more
How long will it take to set up an account on Elavon?
The average turnaround time from application to equipment delivery from Elavon is less than seven days. This covers credit underwriting, account establishment, and shipping time. The equipment itself is sent on the second day unless an expedited shipment is required. Upon receipt of the equipment, customer training may be requested, which is completed in three days.
How long does it take it to get the money from credit card purchases?
Funds are electronically deposited to the merchant’s designated bank account via an ACH. This typically takes two banking days.
Here is a list of some of Elavon’s popular integrations: