NCR Corp. and Elavon, a wholly-owned subsidiary of U.S. Bancorp and a leading global payments provider, agreed to combine NCR's tablet and mobile-based point-of-sale technology with Elavon's payment processing and distribution channels to extend POS solutions to small business customers.

NCR Silver, a cloud-based small business POS system, is now available through Elavon's sales channels. With Elavon's processing and the addition of NCR Silver to its payment solutions portfolio, the new offering is positioned to small business owners when they are looking to start or grow their businesses.

"The convergence of tablets, mobile commerce, and cloud-based computing has resulted in the delivery of new, affordable point-of-sale solutions for small businesses," says Marianne Johnson, executive vice president, global product & innovation at Elavon. "Until recently, these technologies were not built around the specific needs of many small business owners. Now, small businesses can take advantage of both the latest in payment technology as well as a single, comprehensive solution for managing day-to-day business transactions and record keeping."

Cloud-based technology allows NCR Silver to go beyond simple payment swipe and cash-register functions, giving small business owners the power to easily track sales, profits, and inventory; market to customers with targeted and customized email campaigns; analyze business trends; and manage business finances.

NCR Silver operates on Apple iOS devices like the iPad, iPhone, and iPod touch, allowing small businesses to interact with customers, sell and manage their businesses from anywhere.

[This article was posted on February 4, 2013, on the website of ABA Banking Journal, www.ababj.com.]

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