A subsidiary of Minneapolis-based U.S. Bancorp has acquired Ashburn financial services company Electronic Transaction Systems Corp., which specializes in processing credit card transactions.
Elavon, a global processor of credit card transactions, is looking to integrate payment processing into software created by ETS, providing businesses safer and easier access to Elavon’s services.
The deal's terms were not disclosed.
ETS, which has offices in Germany, Canada and Ireland, was founded in…
