US Bank and subsidiary Elavon launch new POS solution for small businesses
US Bank and Elavon, its wholly-owned subsidiary, have launched a new point-of-sale (POS) solution to help small business owners avoid making a “large upfront investment” when purchasing a new payments system.
The new POS system allows businesses to accept payments anywhere
With the Talech Terminal payment solution, business owners can accept payments “anywhere, anytime with various hardware options, including mobile/fixed hardware and in-store terminals”.
Talech Terminal is an extension of Talech Register, an all-in-one payments and business analytics platform that helps small businesses efficiently manage operations, which was launch by US Bank and Elavon last year.
Joy Ghanekar, chief product officer for Talech, says the new launch is part of a “multi-year strategy to deliver integrated hardware and software payment experiences for our small business customers”.
The new software, Terminal, offers an “easy to use” interface, simple product organisation and basic reporting features, alongside credit card surcharge, inventory management capabilities and employee management support.
“Our goal is to enable small business owners to focus on what they do best, eliminating the burden of managing customer payments,” comments Pari Sawant, chief product officer for Elavon. “This solution is a perfect option for business owners who value their privacy and prefer not to mix their personal mobile phones for customer transactions.”
