Elavon Cancels Idle Monthly Fees in Response to COVID-19
Zorrik Voldman | Posted on |
Due to a large number of businesses stopping their processing while the country is undergoing quarantine, Elavon has announce that is will suspend idle monthly fees for businesses that have no settled transactions for the month. Payment processors are experiencing significant cash flow pressures due to the corona-virus. Most are announcing massive layoffs and reductions in pay for executives.
To discuss your merchant services and options, contact our payment services specialist