Point of Sales (POS) Solutions

 Union POS is a high-performance, guest-driven point-of-sale system designed specifically for high-volume bars and restaurants. It enhances efficiency, speeds up service, and maximizes revenue through its innovative guest-led ordering and payment solution.

Key Benefits:

✅ Faster Service & More Sales – Reduces wait times with self-ordering and payment options.
📊 Real-Time Bar & Restaurant Insights – Tracks sales, top-performing items, and peak hours.
🍹 Built for High-Volume Venues – Handles large crowds efficiently with a user-friendly interface.
💳 Seamless Payment Processing – Accepts all payment types, including contactless and mobile.
🔗 Easy Integration – Connects with accounting, inventory, and marketing tools for a complete solution.

Perfect for:

✔️Bars & nightclubs needing quick and efficient order processing.
✔️ High-traffic restaurants looking to improve service speed and guest experience.
✔️ Multi-location venues seeking a scalable, data-driven POS system.

For a smarter, faster, and more profitable POS experience, Union POS is the way to go! 

Elavon is a wholly owned subsidiary of U.S. Bank, a global leader in payment processing for more than 30 years.

With a broad range of technologies, our scalable payment solutions are tailored to meet the needs of any size business, in any industry or processing environment.

Elavon leverages the world’s best technologies for our partners – from large worldwide enterprises to locally owned small businesses.

From transaction processing to risk and underwriting, settlement, equipment, and customer service, Elavon handles every aspect of the acquiring relationship, enabling our clients’ revenue growth and customer satisfaction.

In the hospitality industry, seamless hotel payment processing solutions are a cornerstone of guest satisfaction and operational efficiency.

Key Features of Elavon for Hotels & Hospitality

Elavon is indeed a prominent player in the credit card processing space, particularly for the hotel and hospitality industry. Here’s a detailed look at its features and benefits:

1. Tailored Solution: - Elavon offers payment solutions specifically designed for the hospitality sector, addressing unique needs such as managing reservations and handling customer payments efficiently.

2. Integration Capabilities: - The platform integrates seamlessly with various property management systems (PMS) used by hotels, enabling streamlined operations from booking to checkout.

3. Multiple Payment Options: - Elavon supports a wide range of payment methods, including credit and debit cards, mobile wallets, and alternative payment options, catering to diverse guest preferences.

4. EMV and PCI Compliance: - They prioritize security with EMV (Europay, MasterCard, and Visa) chip card acceptance and ensure PCI compliance to protect sensitive customer data.

5. Mobile Payment Solutions: - Elavon provides mobile payment options, allowing hotel staff to process transactions on-the-go, which can enhance guest convenience and service efficiency.

6. Robust Reporting Tools: - The platform includes detailed reporting and analytics tools, helping hotel managers track sales, monitor trends, and manage finances effectively.

7. Customer Support: - Elavon is known for its dedicated customer service, which is crucial for hospitality businesses that rely on smooth transaction processes. 

Conclusion Elavon stands out as a solid option for hotels and hospitality businesses, particularly for those looking for a comprehensive payment processing solution that integrates well with existing systems and offers robust security features.

5 Benefits of Credit Card Processing for
PROFESSIONAL SERVICES, ATTORNEYS

1. Faster Payments – Accepting credit cards speeds up cash flow, reducing waiting times for payments by up to 40% in industries like legal services. Online payment options streamline invoicing and improve liquidity.

2. PCI Compliance & Security – Credit card processors follow strict Payment Card Industry (PCI) standards to protect sensitive customer data, reducing fraud risks through tools like AVS (Address Verification Service) and CVV (Card Verification Values).

3. Reduced Fees & Cost Management – While processing fees are a concern, providers like Clover offer surcharging options, passing fees to clients in most states. Some firms also offset fees through tax deductions or small service charges.

4. Flexible Payment Options – Businesses can accept payments without expensive hardware, using web-based systems or mobile devices. Recurring payments also improve convenience for clients and ensure steady revenue.

5. Expanding the Client Base – Younger consumers, especially Gen Z, prefer using credit cards. Offering flexible payment options attracts new clients, enhances customer satisfaction, and modernizes business operations.

Understanding the Durbin Amendment and Its Impact on Payment Networks

The Durbin Amendment, enacted as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, introduced significant changes to the way debit card transactions are processed and regulated in the United States.

Below is an overview of its key provisions and the resulting effects on payment networks, banks, merchants, and consumers:

1. What is the Durbin Amendment?
The Durbin Amendment primarily addresses debit interchange fees, which are fees that banks charge merchants for processing debit card transactions.

Prior to the amendment, these fees could be as high as 2% of the transaction amount. The amendment capped these fees at 21 cents per transaction, plus an additional 0.05% of the transaction value for fraud prevention costs. This cap has significantly reduced the revenue banks generate from debit card transactions, especially for larger transactions.

2. How has the Durbin Amendment impacted payment networks?
The Durbin Amendment has had notable effects on payment networks that rely heavily on debit card processing:

Revenue shifts: Payment networks like Visa and Mastercard, which had relied on debit card fees, have responded by increasing fees on credit card transactions to compensate for the loss in revenue from debit card processing fees.

Increased competition: Smaller payment networks, such as Discover and American Express, have gained ground in the debit space by offering lower interchange fees to attract merchants.

Impact on innovation: With reduced fees from debit transactions, some payment networks have focused on finding new sources of revenue, potentially leading to innovations in the broader payments industry.

3. What are the pros and cons of the Durbin Amendment?

Pros

Lower costs for merchants: By capping interchange fees, the amendment helped reduce the cost burden on merchants, who could pass those savings to consumers in the form of lower prices.

Increased competition: The amendment fostered competition among payment networks, which has led to potential improvements in services and offerings for merchants. 

Potential benefits for consumers: With lower merchant fees, there is an argument that consumers may benefit from lower prices and better services.

Cons

Higher fees for consumers: Some critics argue that banks, in response to reduced revenue from debit card processing, may raise other fees, such as monthly account fees or overdraft fees, which ultimately burden consumers.

Challenges for small banks and credit unions: Smaller financial institutions, especially smaller banks and credit unions, are particularly affected by the cap, as they have less ability to offset lost revenue through other channels. This could limit their capacity to offer competitive products or invest in new services.

Potential for reduced cardholder benefits: As banks may adjust their fee structures to recoup lost revenue, customers could face reduced rewards programs or higher fees associated with debit and credit cards.

4. What are the alternatives to the Durbin Amendment? Market-driven approach: One alternative would be to eliminate government regulation of interchange fees, allowing payment networks to set fees freely. While this could encourage competition among networks, there is concern that it could lead to higher fees for merchants and consumers, particularly if networks engage in anti-competitive behavior.

Comprehensive regulation: Another alternative could involve regulating both debit and credit card interchange fees. Such regulation would ensure that neither debit nor credit card processing results in unfairly high fees for merchants.

However, this would require a more balanced approach and could involve additional complexities for regulators and industry stakeholders.

The Durbin Amendment has had a significant impact on the payments industry by lowering interchange fees for debit card transactions, resulting in cost savings for merchants. However, it has also led to higher fees in other areas for consumers and presented challenges for smaller banks.

While the amendment has increased competition among payment networks, further considerations regarding alternatives for regulating interchange fees may be necessary to balance the interests of merchants, consumers, and financial institutions.

The Benefits of the Durbin Amendment The Durbin Amendment has several benefits, including lower transaction fees for merchants, which can lead to lower prices for consumers. It has also increased competition among payment networks, which has led to innovation and better services for customers. The Durbin Amendment has also helped to level the playing field for smaller payment networks, allowing them to compete with larger networks.

The Drawbacks of the Durbin Amendment While the Durbin Amendment has had many benefits, it has also faced criticism from some quarters. Some argue that the regulation has led to higher costs for banks, which have been passed on to customers in the form of higher fees. Others argue that the regulation has stifled innovation in the debit card market, as payment networks have been forced to focus on reducing transaction fees rather than developing new products and services.

Conclusion Payment networks and the Durbin Amendment are essential components of the financial landscape. Payment networks provide the infrastructure for secure and efficient transactions, while the Durbin Amendment has helped to promote competition and fairness in the debit card market.

While the regulation has faced criticism, its benefits far outweigh its drawbacks. Overall, payment networks and the Durbin Amendment have played a critical role in the growth and development of the global economy.