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October 2, 2022
Finance Technologies

Elavon sells Mexican operations to Santander

Elavon, the merchant acquirer and subsidiary of US Bancorp, is set to offload its Mexican operations to multinational banking group Santander. All Elavon employees in Mexico will transition to Santander All Elavon team members in Mexico, as well as operations and customer relationships, will transition to Santander as part of the deal, which is expected to close “in the next few weeks”. Jamie Walker, CEO of Elavon, says that the firm is “always looking at ways to optimise our existing operations to create value and invest for the future.” Santander and Elavon extended a 15-year payments partnership back in December…
Elavon sells Mexican operations to Santander

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