The companies collaborated to introduce Elavon Live Payments, a payments app for Microsoft 365 that is now available through the Microsoft Marketplace, they said in a Tuesday (Jan. 27) press release.
Elavon Live Payments can be used on a computer or a mobile device, according to the release. Because it is built for Microsoft 365, it works directly within the Outlook email interface, integrates with Microsoft Teams, and eliminates the need to switch between applications or platforms, the release said.
The product enables users to create and send invoices in seconds, enables PCI-compliant and secure payment processing, and provides real-time payment notifications and tracking, per the release.
The ability to create invoices, send them to clients and track payments through a single platform, rather than switching between multiple platforms, will save business professionals countless hours, Pari Sawant, global chief product officer at Elavon, said in the release.
The integration of Elavon Live Payments into commonly used Microsoft 365 applications “can reduce Days Sales Outstanding and foster business growth,” Sawant said.
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Tyler Pichach, global head of banking and payments strategy at Microsoft, said in the release that this integration will help businesses “streamline productivity and simplify payment workflows.”
U.S. Bank said in June that it has been working to integrate payment capabilities into the software and platforms businesses use each day, with its Elavon subsidiary long supporting “embedded, technology-driven merchant acquiring solutions.”
Broadening payments acceptance across credit and debit cards, and enabling firms to integrate digital wallets, levels the playing field between larger enterprises and small- to medium-sized businesses (SMBs), Jordan Owen, head of merchant business banking at Elavon, told PYMNTS in an interview posted in April.
“What it all comes down to is making sure that these merchants have the optimal setup to have payments work in the background — so that they can in turn go and run their businesses,” Owen said.
Meanwhile, Microsoft reported Wednesday (Jan. 28) that its Microsoft 365 Productivity and Business Processes business saw its revenue grow 16% to $34.1 billion during the second quarter of the company’s fiscal 2026.
