87% of small businesses consider it important to have a single provider for all their credit and banking services.* Your credit union’s success in becoming an all-in-one financial solution for your members is directly tied to the performance of your merchant provider.

Partnering with a third-party payments provider can increase member satisfaction, retention rates, and ultimately, keep your credit union competitive with larger institutions. Elavon, a leading payments provider and credit union merchant partner, shows an 88% increase in average revenue, an 85% increase in deposits, and an 80% increase in loans from businesses that use their credit union for merchant services versus those with only a checking account.

Download this white paper to learn more about the benefits of a strong merchant services partnership and ways to evaluate the right one. Also uncover: 

• What merchant services capabilities local businesses want and need
• Types of merchant provider models
• Criteria for evaluating a potential partner for merchant services

*Source: BlueVine, 2022