In the latest announcement of yet another sign-on to Apple Pay, Elavon, a subsidiary of U.S. Bancorp operating as a payments solution provider in Canada, now has begun offering access to the tech giant’s payments platform.
The company said in a statement on Monday (Jan. 4) that it is among the vanguard of companies in Canada offering Apple Pay to businesses in the country.
With the launch of the collaboration, Apple Pay will work with the Elavon EMV-enabled contactless POS systems that are based in Canada. The move follows the launch of Apple Pay in Canada for American Express card members in Canada. The mobile payments are conducted through the contactless reader, with information wending its way through the POS hardware. As has been widely reported, the credit card addition to Apple Pay does not, in fact, require that the card numbers be stored on the Apple device itself or on Apple servers. Transactions are instead facilitated through the one-time use of security codes.
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In a statement issued upon the announcement of the tie-in between Apple Pay and Elavon, Mia Huntington, vice president of Elavon in Canada, said: “Elavon has been an early supporter of mobile payments, and Canadians continue to demonstrate their interest in adopting new payment technologies. Along with the increasing consumer demand for contactless payments, Elavon and Apple Pay enable businesses to offer the convenience their customers expect through their preferred method of payment, including their iPhone, iPad or Apple Watch.”
The company has said it serves more than 1.3 million customers throughout Canada, the United States, Europe, Mexico, Brazil and Puerto Rico. Elavon also said that is a top payments processing technology provider for airlines and among the largest providers for a series of industries, ranging from health care to retail to education.