Bold Moves
Making the most of a turbulent year
2009 Revenue
Payment Services
Offers payments and processing services for individual and corporate credit, prepaid and electronic checks throughout North America and Europe; issues debit, credit and prepaid cards; provides a wide range of financial institution services.
- Grew our portfolio significantly, gaining more than $1.7 billion in cardholder balances and adding more than 100,000 new merchants through multiple partner distribution channels across North America and Europe.
- Introduced FlexPerks,SM one of our largest consumer card launches. The U.S. Bank FlexPerks Travel Rewards Visa Signature® credit card was named the "Best Credit Card if You Want Travel Perks" by Kiplinger's Personal Finance in its December 2009 "Best List" issue.
- Elavon introduces Fusebox Payment Gateway, its next-generation hosted payment gateway providing secure multi-point connectivity across a merchant's enterprise.
- U.S. Bank, one of the nation's top issuers of Visa prepaid cards, is honored with a prestigious OSCARD award for its ReliaCard® Visa. The OSCARDS recognize international excellence in card innovation.
- Elavon and Santander Bank expand their relationship with new merchant service alliances in the UK and Mexico.
- Elavon expands multi-currency capabilities across its single European processing platform.
- U.S. Bank issues its 33 millionth gift card, maintaining our position as a top Visa gift card issuer in the United States.