Elavon announced today that it has launched a more integrated payment approach for public sector entities, including local and state government agencies, to accept American Express® Cards. This approach will enable Elavon, a global payments leader that simplifies how businesses and organizations accept payments, to provide significant efficiencies for public sector clients, and enable community members to use American Express to pay for services, including public utilities, education fees, taxes, parking tickets, as well as purchases at public parks, pools, golf courses and more.

Public sector entities are often large, multi-layered organizations that need a simplified payment and reconciliation experience. Previously through Elavon, public sector customers received separate deposits and a different statement and servicing for American Express acceptance. Now, Elavon will offer:

• One combined payment - all-inclusive deposits from all the Card brands they accept, rather than separate deposits from each payment network.
• One statement - one consolidated statement for all payment types that simplifies reconciliation and related back-office tasks.
• Seamless customer experience - consumers can pay with their card of choice, improving the experience for constituents.
• Dedicated servicing - Elavon's team with government-specific payment expertise will offer dedicated servicing for public sector entities accepting American Express.

"American Express is continuing to expand the number of places our Card Members can use their cards, and merchants in the public sector are among our focus areas," said Kathleen Fiorello, Vice President and General Manager, Small Merchant Acquisition at American Express. "We're pleased to partner with Elavon to deliver a simple, streamlined way for public sector entities to accept payments from their constituents who use American Express Cards."

"Elavon is committed to providing the best payments experience to our customers and partners today and every day," said Marlen Prato, Head of Strategic Markets - Public Sector, Elavon. "The new approach will make it simpler for public sector entities to accept American Express, resulting in more choice for their citizens."

About Elavon
To learn more about Elavon and our public sector payment offerings, please visit Public Sector, talk to us via Twitter: @elavon or check our LinkedIn profile.

Notes to editors

About Elavon

Elavon is wholly owned by U.S. Bank (NYSE: USB), the fifth-largest bank in the United States, and provides end-to-end payment processing solutions and services to more than 2 million customers in the United States, Europe, and Canada. As the leading provider for airlines and a top five provider in hospitality, healthcare, retail, and public sector/education, Elavon's innovative payment solutions are designed to solve pain points for businesses from small to the largest global enterprises.

About U.S. Bank

U.S. Bancorp, with approximately 70,000 employees and $587 billion in assets as of March 31, 2022, is the parent company of U.S. Bank National Association. The Minneapolis-based company serves millions of customers locally, nationally and globally through a diversified mix of businesses: Consumer and Business Banking; Payment Services; Corporate & Commercial Banking; and Wealth Management and Investment Services. The company has been recognized for its approach to digital innovation, social responsibility, and customer service, including being named one of the 2022 World's Most Ethical Companies and Fortune's most admired superregional bank. Learn more at usbank.com/about.

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Contact:

Joe Rauch, Communications Manager | Global Head of Communications for Merchant Acquiring | Public Affairs and Communications

E: joseph.rauch@usbank.com