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Elavon has served as Costco members' exclusive payment processor for 29 years, delivering exceptional value to members through competitive rates and fees, cost-effective point-of-sale equipment, and dependable 24/7 support. Elavon enables members to accept credit and debit card payments, mobile wallets, gift cards and more. Over the course of the relationship, there has been a continuous focus on enhancing the product offerings to provide the latest payment processing capabilities for members and their customers.
As a Costco member, you get a reliable payment solution built to keep transactions smooth and your business running efficiently.
Elavon has you covered whether you need to take payments on a smartphone, smart terminal or full-featured point-of-sale system. Plus, Costco members get reduced pricing on equipment.
Accept online payments to give customers the flexibility to shop anytime. You can easily collect payments through Elavon Payment Gateway with features like Pay-by-link. Plus, built-in fraud protection can help keep your business safe.
On-the-go payment acceptance lets you take your business wherever your customers want to buy. With Elavon Mobile or a wireless terminal you can accept payments anywhere so your customers can easily pay at the counter, during pop-up sales and on the road.
Tiered pricing exclusively for Costco members
In-person
When a customer pays in person with their card
1.10%
+12¢
per qualified transaction*
Online or over the phone
When a customer pays through your online store or over the phone
1.90%
+25¢
per qualified transaction*
Flexible payment solutions
Improved cash flow
Additional fees may apply.
24/7 Customer Support
Elavon is fabulous! When we open new clinics all I have to do is email my customer account manager and she takes care of everything. Very professional and most helpful. My customer account manager makes my job easier!
Jamie Landrum
Sugar Hill Practice Management
Actual customer not pictured
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Disclaimers:
We accept relay calls.
1Must be a U.S. Costco member. To qualify for this promotion, you must sign up and get approved for a new Elavon merchant account from March 1 – April 30, 2026, and activate the account by May 31, 2026. The account must have at least 30 days of processing by June 30, 2026. Costco Executive Members will receive a $300 Digital Costco Shop Card for a new, active Elavon account. Costco Gold Star and Business members are eligible for a $200 Digital Costco Shop Card for a new, active Elavon account. Merchant accounts have to be activated and actively accepting payment transactions for a minimum of 30 days and be in an open status at the time of the award. The Digital Costco Shop Card will be emailed 12 weeks after account activation. Digital Costco Shop Cards are not accepted at Costco Gas Stations, Car Washes or Food Court Kiosks. Digital Costco Shop Cards are not redeemable for cash, except as required by law and cannot be applied to offset monthly merchant account fees. Limit one per member and cannot be combined with any other Elavon promotion. Services provided by Elavon.
*Visa/Mastercard/Discover service is sponsored through Elavon. Rates listed are for qualified card transactions. Lodging (at 1.79% plus 20 cents) payments are not eligible for the in-person qualified rate. Additional rate tiers and costs apply to non-qualified transactions. A monthly minimum charge of $20 applies when total monthly transaction fees and per-item charges are less than $20 per month. A $25 Application Fee and $4.95 Monthly Statement Fees apply for non-Executive Members. Rates and fees may change without notice. Rate and acceptance are subject to underwriting and business approval. This rate is for U.S. Costco members only. Call Elavon at 1-844-569-9811 for all terms and conditions.
†Executive Members do not pay an application fee or monthly statement fee. Non-Executive Members pay a $25 application fee and $4.95 monthly statement fee.