US Bank’s Elavon Adds POS Platform That Handles Payments, Analytics

U.S. Bank subsidiary Elavon has launched a point-of-sale (POS) platform for small businesses called the talech Register that handles both payments and businesses’ analytics.

“The talech platform really is about making it easier for small business owners to get the information they need to make better decisions, especially in a rapidly changing economy,” Elavon CEO Jamie Walker said in a Thursday (Sept. 1) press release.

This all-in-one platform comes in bundled packages that include the POS station, receipt printer, barcode scanner, card reader and cash drawer. It’s available in two bundles, with one for restaurants and one for retail businesses, according to the release.

“Through talech Register, we want to tackle all the complex payments, banking and operational needs that a small business owner has, so they can get back to making the right choices for their business,” Walker said.

To lower the initial investment for small business owners, the talech Register hardware is available via a rental program as well as up-front purchase.

“Talech Register brings the simplicity, convenience and efficiency of the talech software platform to the point of sale,” U.S. Bank Small Business Chief Digital Officer Irv Henderson said in the release. “We’re looking forward to bringing talech Register to small business owners and our third-party partners who work closely with this vital part of the North American economy.”

U.S. Bank acquired talech, which had been a software company offering an integrated POS system for small and medium-sized businesses (SMBs) and serving 8,000 restaurants, retailers and professional services companies, four years ago.

Read more: US Bank Buys Talech To Boost Digital Expertise

As PYMNTS reported at the time, the acquisition was one of several ways in which U.S. Bank was boosting its digital expertise in an effort to provide better service to its customers. As part of the deal, talech joined the bank’s then newly formed digital team.