Elavon, a global card acquirer, has extended its joint venture agreement with KeyCorp, a Cleveland-based financial services firm, for its merchant referral business.
Reportedly, the extended agreement allows KeyBank to continue offering white-labeled merchant services. The company has added that its solutions offerings are available to KeyBank merchants, from credit and debit processing to dynamic currency conversion, electronic check, gift card, professional services and free online reporting.
Stuart Harvey, CEO of Elavon, said: “Their commitment to providing exceptional value and innovation to customers has resulted in strong portfolio performance, and we look forward to continuing our relationship.”
KeyBank markets Elavon’s merchant processing services to business customers through 21 geographic districts spanning across a 13-state network of almost 1,000 commercial office and retail branch locations.
