An Elavon Reseller
Costco Merchant Services is the merchant services division of Costco, a well-known wholesale retailer. Costco Merchant Services is actually a reseller of Elavon contracts, and this relationship was indicated clearly on the department’s former website. Elavon is part of U.S. Bank’s (U.S. Bancorp’s) payment services division. This means that businesses that sign up for a merchant account through Costco will receive the processing services of Elavon.
Costco Merchant Services Payment Processing
Costco Merchant Services processes all major debit and credit cards for most business types. Their services include POS systems, EMV card readers and swipers, mobile processing, and online processing solutions.
Costco Location & Ownership
Founded in 1976, Costco’s headquarters are located at 999 Lake Dr. Ste 200, Issaquah, Washington 98027-8982. W. Craig Jelinek is the president and CEO of Costco.
Costco Merchant Services Review
- Costs & Contract: Costco Merchant Services offers a three-year contract through Elavon with no early termination fee.
- Complaints & Service: Costco Merchant Services has received more than 10 public complaints.
- BBB Rating: Costco Merchant Services does not have a profile with the Better Business Bureau at this time.
- Sales & Marketing: Costco Merchant Services does not appear to hire independent sales agents and has received a low number of complaints about its sales practices.