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Elavon Signs Telecom Canada International to Alliance Agreement


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ATLANTA--([ BUSINESS WIRE ])--Elavon, a wholly owned subsidiary of U.S. Bancorp (NYSE: USB) and leading global payments provider has formed an alliance with Telecom Canada International (TCI), atelecommunications and energyconsultancy providing expense reduction and business optimization services to businesses across the globe. With corporate headquarters in Mississauga, Ontario, TCI maintains regional offices in the US and Canada while serving its Chinese and Southeast Asian customers through its TCI-Cathay and TCI-Siam affiliates in Hong Kong and Bangkok.

"We are proud to announce our relationship with Elavon and look forward to extending this opportunity to our customers."

The agreement enables TCI to provide its business clients with access to Elavona™s robust payment processing solutions, customer service and support operations across the U.S. and Canada.

aTCI is a geographically diverse consultancy dedicated to providing medium and large enterprises with proven cost reduction and business enhancement strategies,a said Thomas McEwan, Managing Director, Telecom Canada International. aWe are proud to announce our relationship with Elavon and look forward to extending this opportunity to our customers.a

aTCIa™s global reach and focus on innovation mirrors our mission to enable global commerce,a said Mike Passilla, president and CEO of Elavon. aThrough TCI, we combine the power of flexible payment solutions and excellent customer service to enable acceptance of electronic payments for medium and large businesses, schools, hospitals and government agencies around the world.a

About Elavon: Elavona™s Global Acquiring Solutions organization is a part of U.S. Bancorp. Elavon provides end-to-end payment processing services to more than one million merchants in the United States, Europe, Mexico, Canada and Puerto Rico. Solutions include credit and debit card processing, electronic check services, gift cards, dynamic currency conversion, multi-currency support, and cross-border acquiring. Elavona™s services are marketed through multiple alliance partner channels including financial institutions, trade associations and ISOs. Elavon has solutions to meet the needs of merchants in specialized markets including small business, retail, hospitality/T&E, health care, education and the public sector. Visit Elavon online at [ www.elavon.com ].

About Telecom Canada International:

Telecom Canada International (TCI) is a premier provider of telecommunications and energy consulting services in Canada and the United States. With corporate headquarters in Mississauga, Ontario, TCI maintains regional offices in the US and Canada while serving its Chinese and Southeast Asian customers through its TCI-Cathay and TCI-Siam affiliates in Hong Kong and Bangkok.


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