Elavon and Softpay offer SoftPOS solution

Agreement with leading Nordic technology company to benefit merchants across Europe

GOTHENBURG (26 March 2024) – Elavon customers across Europe can now accept card payments with only their smartphone after the global acquirer and payments leader partnered with innovative Copenhagen-based Softpay to offer a SoftPOS payment solution.

The game-changing technology allows merchants to turn any Android mobile device into a fully card-present payments terminal by simply downloading an application that integrates with the Elavon payments platform. No additional hardware is needed.

The SoftPOS solution means small and new businesses can start taking payments instantly, granting owners time to focus on other important aspects of running a business.

Hemlata Narasimhan, President in Europe, Elavon, says, “Enabling small business owners to take fast, simple payments to meet the needs’ of their customers – and, ultimately, get paid themselves in an efficient manner – is critical to their business growth. Our SoftPOS solution with Softpay does that.”

Elavon and Softpay teamed up after seeing a huge demand for a product like this.

The global acquiring capabilities of Elavon differentiated it from other local payment providers, giving technology partners and resellers the ability to scale and grow globally. Elavon has payment technology partners and sales operations in all major European regions – including offices in Oslo and Gothenburg – with multi-language customer support, and offers more than 130 currencies and settlement capabilities.

Elavon also has the stability of being a subsidiary of U.S. Bank.

Martin Lansinger, Head of Sales, Nordics for Elavon, says, “Partnerships are fundamental to providing our technology partners and resellers with the solutions they need to meet the needs of their customers. We’re pleased to work with Softpay on this solution, which will give small businesses across Europe the necessary tools to grow.”

Ivan Sandqvist, Softpay co-founder says, “We’re proud to be partnering with Elavon to deliver our Softpay SoftPOS solution to payment technology partners and payment resellers. Our Softpay app with Elavon’s merchant services enables these partners to deliver a revolutionary payment solution, completely off the shelf without the need of expensive traditional payment terminals to their merchants.”

The solution is fully PCI-compliant, and allows businesses to premediate the need to accept cashless payments under pending regulation in some European markets.

About Elavon (www.elavon.co.uk) (www.elavon.se) (www.elavon.no) (www.elavon.dk)

Elavon is a leading global payments company with more than 4,300 employees and operations in 10 countries. A subsidiary of U.S. Bancorp (NYSE:USB), Elavon provides businesses with the technology needed to accept payments from customers, whether they are shopping in stores, at home or on the go.

Its platform is distinctive in that it is common across countries, making it easier for businesses to get their payment system up and running quickly and securely.

Elavon Financial Services DAC. Registered in Ireland with Companies Registration Office. The liability of the member is limited. United Kingdom branch registered in England and Wales under the number BR022122. 

Elavon Financial Services DAC, trading as Elavon Merchant Services, is a credit institution authorised and regulated by the Central Bank of Ireland.  Authorised by the Prudential Regulation Authority.  Subject to regulation by the Financial Conduct Authority and limited regulation by the Prudential Regulation Authority.  Details about the extent of our regulation by the Prudential Regulation Authority are available from us on request.

About Softpay (https://softpay.io/)

Softpay has 40 employees across Denmark and Europe. The ‘Tap on Phone’ solution is approved by Visa, MasterCard and Dankort, and has been live since November 2021, and already counts large customers such as Salling Group, Matas and DSB. 

Media Contact

Andy Walsh 

andrew.walsh@elavon.com