Elavon do Brasil was the Brazilian subsidiary of the global payment processor Elavon, which is owned by U.S. Bancorp. Launched in Brazil in 2011 through a partnership with Credicard and later Citibank, the company operated as a merchant acquirer, providing point-of-sale (POS) terminals and processing for credit and debit card transactions. Despite being a major global player, the company faced significant challenges competing with established local players in the highly concentrated Brazilian market. In 2016, Elavon announced the cessation of its activities in Brazil, completing the wind-down of its operations in early 2017.

Founded in

Brazil