Your business is your passion. Supporting Costco members’ passions is ours. For 20 years, Costco has called on Elavon — a top globally-ranked provider — to offer tailored payment processing solutions at a member-only price.
Elavon is proud to serve your business and to offer special benefits and low rates for Costco members. Here are just some of the benefits:
No annual fees
No reporting fees
No batch fees
No statement fees3
Many payment processors will offer attractive base rates, then hit you with unexpected add-on costs. What does that mean for you? That your current processor may be giving you much less than you think.
To help you understand what you are paying today to compare, you will need to understand your "effective rate." Using your current processing statement, if you have one, take the amount you’re currently paying, fees included, and divide by the total dollar volume of the transactions you've processed. That’s the amount you’re actually paying per transaction.
Elavon can quickly do the comparison for you. Have your most recent statement on hand and give us a call. Costco knows you deserve better — and at Elavon, we agree.
Elavon has developed a range of traditional, mobile and smart terminals to meet the needs of Costco members in different industries — from healthcare to retail, restaurants to service-focused businesses and beyond.
First, meet Poynt. It's an all-in-one smart terminal that allows you to take the checkout experience to the customer. It's ideal for small retail and boutique stores, restaurants for a pay-at-the-table solution and offices that need to accept payments.
Versatile function: It features a mobile and countertop credit card terminal, printer, signature pad, PIN pad, and docking station
Accepts all payments: Processes all payment types — magstripe, chip (EMV) cards, and mobile payments such as Apple Pay (NFC)
Wireless freedom: WiFi capabilities enable you to take the checkout (and tipping) to your customer
Robust, streamlined reporting: A simple, powerful dashboard makes it easy to monitor sales, refund transactions, and settle with one click
Powerful security: With encryption and Safe-T, customer data is protected by the latest technology
Poynt is just one terminal offered. Explore payment solutions here. Larger restaurants, for example, may desire a wider range of options. The talech with Elo solution displays floor plans, open and seated tables, customized menus, and lets servers seamlessly split a check several ways if needed.
Elavon is always adapting and embracing the latest payment and security technologies, integrating them into the payment terminals.
Elavon's Hardware Installment Plan gives you the flexibility to pay for your qualifying hardware purchases over the course of three consecutive, interest-free monthly payments, purchase your terminal outright or enter into a lease.
Call to discuss your needs:
Your customers' experiences start the moment they walk through your door. While you want them to spend time browsing, you don’t want to hold them up when it's time to complete their purchase.Learn More
Trust the experts when it comes to helping businesses with reliable, accurate and secure payment processing. Let Elavon handle your debit card processing for you so you can focus on what you do best.Learn More
Through your menu, décor and friendly wait staff, you create the preferred dining experience, but your patrons don’t want to wait for their check to be processed after their meal.Learn More
Your patients are your top priority, and providing user-friendly, secure payment processing solutions is ours. Our credit, debit and mobile solutions can simplify your point-of-sale payments and billing services.Learn More
Monthly billing statements should not be confusing or stressful.
Paper and online statements are simplified so you know exactly what you’re paying for and can clearly see your transactions and account costs. Statements will display everything that you need to know to manage your business — only simplified.
Elavon delivers the same high level of service you’ve come to expect from Costco, including webinars and educational materials to help you better understand different payment methods and any associated costs.
Learn more about "interchange rates" — rates that appear with rewards cards or an e-commerce transaction processed when the credit card is not present. Check out this video for more information:
Elavon customer care centers are open 24/7 and staffed with skilled professionals who can solve your problems quickly. Serving your clients is your business — and Elavon helps make that easier.
Elavon understands that running a business is hard work, and for business owners, there’s rarely (if ever) a day off. With that in mind, Costco hand-picked and trusts Elavon to make payment processing one thing you don’t have to worry about. Your to-do list is long enough. Think Costco First.
Give us a call to discuss your needs:1-844-204-5982
1 Estimated savings calculated on annual processing rates and are based on Elavon's analysis of The Strawhecker Group's data survey as of December 2017 on payment processing services. Actual savings depends on business type, card type, and manner of card acceptance and volume of transactions.
2 Visa/MasterCard/Discover service is sponsored through Elavon. Rates listed are for qualified transactions. A monthly minimum charge applies when total transaction fees and per-item charges are less than $20 per month. A $25 Application Fee and $4.95 Monthly Statement Fee apply for Non-Executive Members. Rates and fees may change without notice. Rate and acceptance are subject to underwriting. Call Elavon at 844-204-5982 for all terms and conditions.
3 Non-Executive Members pay application fees and monthly statement fees.