Elavon
Elavon's cheapest published rate is 2.6% + 12c (in-person, qualified). Pricing model: flat-rate. Monthly fee: $0. Dispute fee: Quote only. Cross-border: Quote only. FX: Quote only.
Tier table (vendor-published)
| Tier | Rate | Notes |
|---|---|---|
| In-person qualified | 2.6% + 12c | - |
| Online qualified | 3.3% + 30c | - |
| Interchange-plus | Quote only | - |
Source: https://www.elavon.com/pricing.html (verified 2026-09-19).
What Elavon is best for
- Mid-market and enterprise merchants who want a US Bank-owned processor.
- Restaurant and retail chains needing in-person hardware with bank-grade compliance.
Hidden costs and gotchas
Publishes a baseline qualified rate but the full rate card and interchange-plus option require a sales conversation. In-person starts at 2.60% + 12c per qualified swipe/chip; online starts at 3.30% + 30c per qualified transaction.
- Headline 2.6% + 12c applies only to 'qualified' in-person transactions; online starts higher at 3.3% + 30c, and rewards and corporate cards run higher tiers.
- Interchange-plus available but only via quote.
FAQ
Is the 2.6% + 12c rate real?
Yes for qualified in-person. Online qualified transactions start at 3.3% + 30c, and non-qualified (rewards, corporate, international) cards step up to higher tiers that Elavon does not publish in detail.
Should I take the interchange-plus offer?
Above roughly $100K/mo, yes. The flat rate's tier-driven margin works against you at scale.
See the full vendor index, run the cross-vendor cost calculator, or read how we verify every rate.