U.S Bancorp subsidiary and payments company Elavon has acquired Miami-based software solutions company CenPOS.\u00a0 <\/p>\n\n\n\n
Known already amongst our audience for being one of the\npayments companies currently offering programs specifically\ngeared towards supporting the PF model, especially with its proprietary\nprogram Scoop,\nthe payments company is viewing the partnership with CenPOS as a\ncustomer-centric move that will enhance their overall customer experience. <\/p>\n\n\n\n
\u201cElavon recognizes the tremendous\npotential we have to bring greater value to our customers by integrating with\nsoftware companies like CenPOS,\u201d said Elavon CEO Jamie Walker in the press release. \u201cMore and more, businesses are choosing their payment provider based\non the software solutions they use to manage other parts of their operations.\nWith this acquisition, customers of both companies will benefit from the\nstrengths and opportunities these organizations offer in important industry\nsegments.\u201d<\/p>\n\n\n\n
As for CenPOS, their business model\nfocuses on three specific industry verticals: travel and entertainment,\nautomotive and general B2B transactions. And according to the same release,\nthis coupled with CenPOS\u2019 product capability and distribution strategy make the\nmerger \u201can excellent fit.\u201d <\/p>\n\n\n\n
\u201cThe CenPOS team is elated to join\nElavon,\u201d said CenPOS CEO Jorge Fernandez via the same release. \u201cElavon\u2019s suite\nof payment products, coupled with the stability and array of financial\nofferings from U.S. Bank, gives CenPOS an unparalleled competitive edge in the\nmarket. Likewise, CenPOS\u2019s technology brings new market expertise to Elavon\u2019s\ncurrent technology solutions.\u201d<\/p>\n\n\n\n
The acquisition officially closed on\nJanuary 8, though financial terms have not been disclosed. <\/p>\n","protected":false},"excerpt":{"rendered":"
U.S Bancorp subsidiary and payments company Elavon has acquired Miami-based software solutions company CenPOS.<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","_FSMCFIC_featured_image_caption":"","_FSMCFIC_featured_image_nocaption":"","_FSMCFIC_featured_image_hide":"","footnotes":""},"categories":[1015],"tags":[156,255,782,877],"class_list":["post-4376","post","type-post","status-publish","format-standard","hentry","category-archive","tag-cenpos","tag-elavon","tag-scoop","tag-the-payment-facilitator-model"],"acf":[],"_links":{"self":[{"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/posts\/4376","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/comments?post=4376"}],"version-history":[{"count":4,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/posts\/4376\/revisions"}],"predecessor-version":[{"id":9081,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/posts\/4376\/revisions\/9081"}],"wp:attachment":[{"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/media?parent=4376"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/categories?post=4376"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/tags?post=4376"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}