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Small Businesses Achieve Their Growth Goals with Elavon & talech

ATLANTA--(BUSINESS WIRE)--Nov. 5, 2014-- Elavon, a leading global payment solution provider and subsidiary of U.S. Bancorp (NYSE: USB), is providing its restaurant and retail business clients with an easy to use and affordable tablet-based-point of sale platform that leverages smart data to effectively manage and grow their business. This unique solution pairs Elavon’s strength in payments and loyalty solutions, seamlessly delivered on a tablet-based platform powered by talech, a fast-growing Silicon Valley-based company. Elavon’s product development and innovation center, The Grove, has built upon the mobile solution delivered earlier with talech, enriching it even further with Fanfare, an easy-to-use loyalty and gift card solution delivering rewards to patrons of small to mid-sized businesses right at the point-of-sale. The solution is designed for small and medium businesses that aspire to grow their business, reduce their costs and operate more efficiently.

This powerful combination makes the era of Big Data accessible and relevant for small to mid-sized businesses, enabling them to compete effectively against the marketing and operational might of much larger scale chains. The simple and intuitive interface puts data-driven insights right at the fingertips of any business owner. In just a few taps, users have the ability to take orders, manage inventory, access customer information and view daily reports in real time. With the integration of the Fanfare loyalty, gift and offers program to the talech app, businesses now have easy access to Fanfare’s data-rich dashboard to quickly target consumers with offers and promotional campaigns that bring in new customers and drive additional sales and revenue.

As the payment industry rapidly evolves, Elavon’s steadfast commitment to customers continues with ongoing investment in both solutions and alliances that deliver practical advantages for small to medium businesses. “Our focus on innovation and partnership with talech benefits customers by providing new tools that help them achieve their growth goals while saving time and money,” said Guy Harris, president of North America at Elavon. “Our Fanfare customer loyalty program is another opportunity for us to give businesses more tools to better serve their customers.”

"We're pleased to expand our partnership with Elavon by providing even more affordable tools for small and medium businesses. With talech, the corner store can know so much more about operating their business more efficiently. We think of this as the small data opportunity," said Irv Henderson, chief executive officer of talech.

About Elavon (www.elavon.com)
Elavon is wholly owned by U.S. Bancorp and provides end-to-end payment processing solutions and services to more than one million customers in the United States, Europe, Canada, Mexico, Brazil and Puerto Rico. As the #1 provider for airlines and a top five provider for hospitality, healthcare, retail, and public sector/education, Elavon’s innovative payment solutions are designed to solve pain points for businesses from small to enterprise-sized.

About talech
talech is a Silicon Valley-based software company offering a tablet-based point of sale platform that provides customers with tools that help them run their business better. The word ‘talech’ is an ancient Mayan word that means "someone who listens to the needs of others." The talech product provides reports and insights that help customer grow their revenues, manage their costs and keep and retain their clients. The company is based in Palo Alto, California.

Source: Elavon

Elavon Media Relations
Holly Maddox, 404-632-6088

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding U.S. Bancorp's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.

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