Costco gets down to business with SMB payments

Costco Wholesale Corp. is getting down to business on processing payments from small-to-mid-sized business (SMB) customers.



The wholesale chain is extending an existing relationship with payment processing solutions provider Elavon aimed at improving service and security for SMB members.



The payment processing program for Costco’s SMB members includes POS, mobile and e-commerce solutions, all of which adhere to EMV and PCI compliance requirements. Costco members can obtain program services online and in-store.



“Since 1997, Elavon has delivered exceptional value and service to members who use our payment processing as well as our other popular business products,” said Tom Padilla, assistant VP, Costco Services. “Our members will continue to benefit from our relationship with Elavon.”